Benzinga – Markets (Page 12)

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Tesla (NASDAQ:TSLA) alongside its primary competitors in the Automobiles industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights to investors and shed light on company’s performance within the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Full story available on Benzinga.com

In today’s rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Micron Technology (NASDAQ:MU) vis-à-vis its key competitors in the Semiconductors & Semiconductor Equipment industry. Through a detailed analysis of important financial indicators, market standing, and growth potential, our goal is to provide valuable insights and highlight company’s performance in the industry.

Micron Technology Background

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Full story available on Benzinga.com

In today’s rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Micron Technology (NASDAQ:MU) vis-à-vis its key competitors in the Semiconductors & Semiconductor Equipment industry. Through a detailed analysis of important financial indicators, market standing, and growth potential, our goal is to provide valuable insights and highlight company’s performance in the industry.

Micron Technology Background

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Full story available on Benzinga.com

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Legence Corp. (NASDAQ:LGN) to report quarterly earnings at 4 cents per share on revenue of $620.31 million for the quarter before the opening bell, according to data from Benzinga Pro. Legence shares rose 2% to $54.03 in after-hours trading.
• Unity Software Inc. (NYSE:U) released strong preliminary results for the first quarter. Unity announced Thursday that it expects first-quarter results to come in above prior guidance. The company sees first-quarter revenue in the range …

Full story available on Benzinga.com

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Legence Corp. (NASDAQ:LGN) to report quarterly earnings at 4 cents per share on revenue of $620.31 million for the quarter before the opening bell, according to data from Benzinga Pro. Legence shares rose 2% to $54.03 in after-hours trading.
• Unity Software Inc. (NYSE:U) released strong preliminary results for the first quarter. Unity announced Thursday that it expects first-quarter results to come in above prior guidance. The company sees first-quarter revenue in the range …

Full story available on Benzinga.com

Unity Software Inc. (NYSE:U) jumped 14.65% in the pre-market session to $19.64 on Friday.

The stock closed 3.76% lower at $17.13 on Thursday, according to Benzinga Pro data.

On Thursday, Unity Software announced its preliminary revenue for the first quarter of 2026 came in between $505 million and $508 million. This exceeded the company’s earlier guidance of $480 million to $490 million.

What Preliminary First Quarter Results Say?

Adjusted earnings before interest, taxes, depreciation and amortization for the software company came in between $130 million and $135 million, surpassing its guidance of $105 million to $110 million. This represents 58% year-over-year growth. Adjusted EBITDA margin is expected …

Full story available on Benzinga.com

Unity Software Inc. (NYSE:U) jumped 14.65% in the pre-market session to $19.64 on Friday.

The stock closed 3.76% lower at $17.13 on Thursday, according to Benzinga Pro data.

On Thursday, Unity Software announced its preliminary revenue for the first quarter of 2026 came in between $505 million and $508 million. This exceeded the company’s earlier guidance of $480 million to $490 million.

What Preliminary First Quarter Results Say?

Adjusted earnings before interest, taxes, depreciation and amortization for the software company came in between $130 million and $135 million, surpassing its guidance of $105 million to $110 million. This represents 58% year-over-year growth. Adjusted EBITDA margin is expected …

Full story available on Benzinga.com

The S&P 500 tumbled on Thursday, falling 1.74% to close at 6,477.16, as rising oil prices and uncertainty around the Iran war weighed heavily on markets.

However, the Polygon-based (CRYPTO: POL) Polymarket crowd is leaning bullish heading into Friday. The March 27 market shows 54% traders betting “Up,” with early trading volume of over $43,000 building on whether the S&P 500 will open higher or lower.

Why That Number Matters

Oil and geopolitics continue to dominate market direction. Crude prices surged again on Thursday, with Brent …

Full story available on Benzinga.com

The S&P 500 tumbled on Thursday, falling 1.74% to close at 6,477.16, as rising oil prices and uncertainty around the Iran war weighed heavily on markets.

However, the Polygon-based (CRYPTO: POL) Polymarket crowd is leaning bullish heading into Friday. The March 27 market shows 54% traders betting “Up,” with early trading volume of over $43,000 building on whether the S&P 500 will open higher or lower.

Why That Number Matters

Oil and geopolitics continue to dominate market direction. Crude prices surged again on Thursday, with Brent …

Full story available on Benzinga.com

The U.S. dollar is getting a historic makeover.

The Treasury Department announced on Thursday that President Donald Trump’s signature will appear on future U.S. paper currency alongside that of Treasury Secretary Scott Bessent.

A First In American History

No sitting president has ever had their signature on U.S. banknotes. Trump’s signature will replace that of the U.S. Treasurer, a position whose holder has been featured on currency for over a century. The new bills are expected to roll out later this year.

The Treasury is framing the change as a tribute to America’s Semiquincentennial — the nation’s 250th anniversary.

“There is no more powerful way to recognize the historic achievements of our great country,” Bessent said in a statement, tying the move to what he described as a path toward “unprecedented economic growth, lasting dollar dominance, and fiscal strength.”

Treasurer Brandon Beach called Trump “the architect of America’s Golden Age economic revival,” saying printing his signature on U.S. …

Full story available on Benzinga.com

The U.S. dollar is getting a historic makeover.

The Treasury Department announced on Thursday that President Donald Trump’s signature will appear on future U.S. paper currency alongside that of Treasury Secretary Scott Bessent.

A First In American History

No sitting president has ever had their signature on U.S. banknotes. Trump’s signature will replace that of the U.S. Treasurer, a position whose holder has been featured on currency for over a century. The new bills are expected to roll out later this year.

The Treasury is framing the change as a tribute to America’s Semiquincentennial — the nation’s 250th anniversary.

“There is no more powerful way to recognize the historic achievements of our great country,” Bessent said in a statement, tying the move to what he described as a path toward “unprecedented economic growth, lasting dollar dominance, and fiscal strength.”

Treasurer Brandon Beach called Trump “the architect of America’s Golden Age economic revival,” saying printing his signature on U.S. …

Full story available on Benzinga.com

The CNN Money Fear and Greed index showed some increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Thursday.

U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling more than 500 points during the session as crude oil prices rose sharply following Iran’s rejection of Washington’s latest ceasefire proposal.

The White House confirmed it transmitted a 15-point peace plan to Tehran via Pakistan and maintained that talks were ongoing, but Iranian officials publicly rejected any direct negotiations, countering instead with a five-point framework that would grant Tehran sovereign control over the Strait of Hormuz.

In earnings, Commercial Metals Co. (NYSE:CMC) reported fiscal second-quarter results Thursday that missed adjusted EPS estimates but beat on revenue. Shares of Navan Inc (NASDAQ:

Full story available on Benzinga.com

The CNN Money Fear and Greed index showed some increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Thursday.

U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling more than 500 points during the session as crude oil prices rose sharply following Iran’s rejection of Washington’s latest ceasefire proposal.

The White House confirmed it transmitted a 15-point peace plan to Tehran via Pakistan and maintained that talks were ongoing, but Iranian officials publicly rejected any direct negotiations, countering instead with a five-point framework that would grant Tehran sovereign control over the Strait of Hormuz.

In earnings, Commercial Metals Co. (NYSE:CMC) reported fiscal second-quarter results Thursday that missed adjusted EPS estimates but beat on revenue. Shares of Navan Inc (NASDAQ:

Full story available on Benzinga.com

Tesla Inc. (NASDAQ:TSLA) has shared company-complied delivery estimates for the first quarter of 2026, citing data from various industry analysts and research firms.

Tesla Touts 365K Deliveries

In a press release published on Thursday, the automaker shared that analysts expect 365,645 deliveries this quarter, with 351,179 units comprising the Model 3 and Model Y. Tesla also shared that analysts estimate the company to deliver over 1,689,691 units this year and over 3,032,000 units in 2030.

The 365,645-unit figure represents an over 12.5% decline from Q4 2025’s 418,227 units that Tesla delivered. The Q1 2026 figure also represents an 8% YoY increase from the 336,681 units the company delivered in Q1 2025.

As far as battery deployments are concerned, Tesla said analyst estimates illustrate battery deployments of 14.4 GWh, a marginal increase from 14.2 GWh it deployed the previous quarter. For 2026, analysts estimate Tesla to …

Full story available on Benzinga.com

Datacentrex Inc (NASDAQ:DTCX) fell sharply in after-hours trading on Thursday, dropping 25.57% to $2.30 after the company priced a public offering.

The stock closed the regular session at $3.09, down 6.93%, according to Benzinga Pro.

Offering Weighs On Shares

Datacentrex announced the pricing of a $20.17 million public offering at $2.00 per share, a notable discount to its recent trading price. The offering includes common stock and pre-funded warrants and is expected to close around March 30, 2026. The offering is being conducted under an effective Form S-3 shelf registration statement filed with the U.S. Securities …

Full story available on Benzinga.com

The Iran War has resulted in several senior leaders being killed, including the Supreme Leader Ayatollah Ali Khamenei. His son, Mojtaba Khamenei, was appointed the new Supreme Leader.

Regime change has been discussed a lot, with Trump saying Iran’s new Supreme Leader would not “last long” without U.S. approval.

Trump ‘Would Be Fine’ With Reza Pehalvi

Trump, during an earlier interview with Reuters, said that he “would be fine” with Iran’s exiled crown prince Reza Pehalvi’s leadership, adding he “seems very nice.”

Here’s What Prediction Market Is Saying

Polymarket, a Polygon (CRYPTO: POL) based …

Full story available on Benzinga.com

The Nasdaq 100 has crossed a notable threshold, trading below its all-time high for 100 consecutive days. However, with the index hovering less than 10% off its peak, historical data suggests tech investors shouldn’t panic just yet.

Rare Setup For Big Tech

According to recent market analysis shared by The Kobeissi Letter, the tech-heavy index has entered a highly unusual consolidation phase.

The Nasdaq 100 has now gone 100 days without hitting a new record high, marking its longest such streak since 2023. It made its last record of 26,182.10 points in October 2025.

Despite not hitting an all-time high, the index has avoided a major correction, remaining within 10% of its peak. The index closed Thursday at 23,586.99 points, just 9.91% below its previous record.

This specific combination—100 days below the high but down less than 10%—is an exceptionally rare market signal. It marks only the sixth time this exact pattern has occurred since 1985.

Despite the prolonged stall, Kobeissi notes that “history suggests technology stocks are set to recover soon.”

Southland Holdings Inc. (NYSE:SLND, NYSE:SLND) saw sharp after-hours downside on Thursday, falling 32.92% to $1.08 following the release of its fourth-quarter and full-year 2025 financial results. The stock had earlier closed the regular session at $1.61, up 21.97%, according to Benzinga Pro.

Overview

Southland Holdings is a U.S.-based infrastructure construction company specializing in complex projects such as bridges, tunnels, marine works, and water systems, serving large public and private sector clients.

Losses Overshadow Project Wins

Southland had surged over 50% a day earlier after announcing $118 million in new awards, including a $48 million data center project and additional water infrastructure contracts.

However, sentiment turned after the …

Full story available on Benzinga.com

Globavend Holdings Ltd (NASDAQ:GVH) spiked 36.89% in after-hours trading on Thursday, climbing to $1.41.

According to Benzinga Pro data, GVH closed the regular session at $1.03, up 4.67%.

Though no immediate reason has been identified for the stock move, investors may still be reacting to five Securities and Exchange Commission insider disclosure filings submitted last week.

CEO Holds Near-Total Voting Control

The most significant filing came from CEO and Director Yau Wai Yiu, who directly holds 57,224 ordinary shares and 100 management shares. Together, these represent roughly 97.8% of the company’s total voting power, based on 2.28 million shares outstanding as of Feb. 13, according to SEC filings.

Four other insiders—Directors Cheung Fan, …

Full story available on Benzinga.com

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has dropped more clues about the automaker’s possible new model, hinting that the vehicle could feature 3 rows.

3-Row Tesla

In a series of posts on the social media platform X on Thursday, the CEO dropped more hints about Tesla’s plans for releasing or developing a new product. Reddit Inc. (NYSE:RDDT) co-founder Alexis Ohanian responded to a post about a possible 3-row SUV, sharing that “businessdads” needed “3 rows for all the fam.” Musk reposted Ohanian’s post.

Musk also responded to a post by user Keller Cliffton, who shared a screenshot of a study that said that cars not being able to fit three child seats in the back leads to declined probability of a third child. In his response, the Tesla CEO …

Full story available on Benzinga.com

On Thursday, Cathie Wood-led Ark Invest executed significant trades, focusing on reducing holdings in major tech companies. Among the prominent trades were the sales of shares in Meta Platforms Inc. (NASDAQ:META), NVIDIA Corp (NASDAQ:NVDA), Advanced Micro Devices Inc. (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Alphabet Inc. (NASDAQ:GOOG), and Netflix Inc. (NASDAQ:NFLX). These trades reflect a strategic shift in Ark’s investment approach amid market fluctuations.

The Meta Platforms Trade

Ark Invest made a notable move by selling shares of Meta Platforms across multiple ETFs, including ARK Blockchain & Fintech Innovation ETF (BATS:ARKF), ARK Innovation ETF (BATS:ARKK), and ARK Next Generation Internet ETF (BATS:ARKW). The sales amounted to 76,622 shares, valued at approximately $42 million, based on the closing price of $547.54.

This decision comes amid challenges for Meta, including a $6 million verdict related to product liability and ongoing layoffs. The broader market weakness and rising energy costs also contribute to the pressure on …

Full story available on Benzinga.com

Major U.S. indices closed lower, with the Dow Jones Industrial Average declining 1.01% to 45,960.11, the S&P 500 falling 1.74% to 6,477.16 and the Nasdaq dropping 2.38% to 21,408.

These are the top stocks that gained the attention of retail traders and investors through the day.

Meta Platforms Inc. (NASDAQ:META)

The Mark Zuckerberg-led company saw its shares decline by 7.92%, closing at $547.75. The stock reached an intraday high of $583 and a low of $543.35, with a 52-week range of $796.25 to $479.80.

The decline follows a $6 million verdict against Meta and YouTube for creating products linked to harmful behavior in young users. Jurors found Meta negligent in platform design and operation, failing to warn users of potential risks. Additionaly, the company was in the news for laying off several hundred employees.

Kodiak Sciences Inc. (NASDAQ:KOD)

Kodiak Sciences surged 74.77% to close at $39.76, hitting a high of $40.46 and a low of $33.50. The stock’s 52-week range is $40.46 to $1.92.

The company’s stock soared as it advanced plans for a Biologics License Application submission. In the GLOW2 study, Zenkuda showed significant efficacy in treating diabetic retinopathy, with 62.5% of patients achieving notable improvement. 

Unity Software Inc. (NYSE:

Full story available on Benzinga.com

Kalshi just raised at an 83.5x fee multiple.

If you apply even a fraction of that to Polymarket’s projected fees, the platform’s reported $20 billion valuation target starts to look like a discount.

A new valuation report from Messari researcher 0xWeiler builds the case from the ground up.

Kalshi raised $1 billion at a $22 billion valuation on March 19, led by Coatue Management. With $263.5 million in 2025 fees, that establishes the 83.5x benchmark.

0xWeiler’s base case for Polymarket uses a 30x multiple on 2028 projected fees, well below Kalshi’s current figure.

The model benchmarks against Kalshi, DraftKings (NASDAQ:DKNG), and traditional exchange infrastructure, then discounts for fee multiple …

Full story available on Benzinga.com

Bank of America (NYSE:BAC) has launched a Private Capital M&A Group to help private equity firms offload companies more efficiently.

The group, which is co-headed by Richard Peacock and Amanda Dupuy Ugarte, will work across BoFA’s teams to assist private equity firms in monetizing their portfolio companies, Bloomberg reported.

Peacock will also continue to lead the consumer and retail M&A and Dupuy Ugarte will continue working in global secondary advisory investment banking. The two will also work with Zeeshan Waris in EMEA and John Lin in Asia Pacific.

Private equity firms are holding onto portfolio companies longer, citing geopolitical tensions and the current interest rate environment. Valuations have also not increased as expected Anthony Arnold, private equity co-chair at Barnes & Thornburg LLP told S&P in December.

To increase valuations, firms …

Full story available on Benzinga.com

Ares Management‘s (NYSE:ARES) private credit challenges mounted in February, with one of its funds posting the deepest monthly loss in its history as the sector weakened.

The Ares Strategic Income Fund (ASIF), which managed close to $23 billion in assets as of January, declined 0.68% last month in the worst setback since it was launched in 2023, according to a Bloomberg report. Still, ASIF has delivered annual returns of 10.6% since inception through the end of January, according to the outlet.

The Morningstar LSTA index, which tracks publicly traded leveraged loans, fell by 0.8% in February, reflecting broader market challenges.

Withdrawals Capped

Reports of the ASIF loss comes after Ares announced it would limit withdrawals from the fund after facing a significant increase in redemption requests. The fund, which targets affluent investors, saw redemptions rise to 11.6% in the first quarter, prompting the firm to cap outflows at 5%.

The fund received $1.2 billion in redemption requests during this period, fulfilling $524 million, which is slightly over 40% of the total requests, …

Full story available on Benzinga.com

SAN FRANCISCO, March 26, 2026 /PRNewswire/ — Bitwise Asset Management, a leading crypto asset manager, today announced the monthly distributions for its suite of Option Income Strategy ETFs: IMST, ICOI, IMRA, IGME, ICRC, and IETH.

Full story available on Benzinga.com

Anchorage Digital is adding support for the TRON blockchain to expand U.S. institutional access.

Institutions can now custody TRX, TRON’s native token, through its platform and self-custody wallet, Porto. Future updates will include support for TRC-20 tokens and native TRX staking.

This integration strengthens Anchorage’s role as a key regulated infrastructure provider for TRON in the U.S. as it expands into institutional markets.

TRON is widely used globally, particularly for stablecoin activity and high-volume transactions.

“TRON is one of the most widely used blockchain networks globally, and its ecosystem continues to play an important role in the growth of digital assets and stablecoins,” said Anchorage Digital co-founder and CEO Nathan McCauley.

TRON founder Justin Sun said the partnership reflects …

Full story available on Benzinga.com

WASHINGTON, March 26, 2026 /PRNewswire/ — Total US retirement assets were $49.1 trillion as of December 31, 2025, up 2.1 percent from September and up 11.2 percent for the year. Retirement assets accounted for 34 percent of all household financial assets in the United States at the end of December 2025.

Assets in individual retirement accounts (IRAs) totaled $19.2 trillion at the end of the fourth quarter of 2025, an increase of 1.7 percent from the end of the third quarter of 2025. Defined contribution (DC) plan assets were $14.2 trillion at the end of the fourth quarter, up 1.7 percent from September 30, 2025. Government defined benefit (DB) plans—including federal, state, and local government plans—held $10.0 trillion in assets as of the end of December 2025, a …

Full story available on Benzinga.com

Bitcoin (CRYPTO: BTC) has outperformed nearly every major asset class during the US-Iran conflict, according to Galaxy Digital Inc (NASDAQ:GLXY) CEO Mike Novogratz.

Novogratz said he expects BTC to grind toward $80,000 before meeting real resistance. “It doesn’t trade stunningly well, but it’s outperformed a ton of other assets in this wartime,” he said. “There are not a lot of sellers left.”

What Novogratz Is Seeing

Bitcoin dipped to $67,000 earlier this month as oil spiked above $100 and Treasury yields surged.

Korea, Japan, gold and silver all got hit harder.

The S&P 500 stayed surprisingly intact, which Novogratz attributed partly to US large-cap growth names like Nvidia Corp (NASDAQ:NVDA) acting as earnings machines less exposed to energy shocks.

Speaking on the latest All Things Markets podcast …

Full story available on Benzinga.com

KKR & Co Inc (NYSE:KKR) is acquiring Nothing Bundt Cakes from private equity firm Roark Capital for more than $2 billion. 

The company added 390 locations since Roark acquired the chain in 2021. The private equity firm has been looking for a buyer for the U.S. bakery chain since last year, Restaurant Business reported.

• KKR shares are advancing steadily. Why are KKR shares climbing?

Nothing Bundt Cakes was founded in 1997 by Dena Trip and Debbie Shwetz. The bakery makes customizable bundt cakes for all occasions and has more than 600 locations across the U.S.

KKR previously …

Full story available on Benzinga.com

Cipher Digital Inc. (NASDAQ:CIFR) shares are trading lower during Thursday’s session. The decline follows a volatile week for the data center operator.

Bitcoin Pullback Pressures Crypto Miners

Digital asset markets are facing downward pressure today. Bitcoin (CRYPTO: BTC) fell 2.93% over the last 24 hours to approximately $68,983.

The Nasdaq and S&P 500 also shed 1.74% and 1.28%, respectively.

Insider Activity Triggers Caution

Investors are reacting to a U.S. Securities and Exchange Commission filing from Wednesday. Director Cary Grossman sold 30,000 shares on Monday. The transaction occurred at an average price of $14.54 per share. This sale reduced Grossman’s total …

Full story available on Benzinga.com

The active ETF boom just gained another heavyweight entrant. Northern Trust has launched the Northern Trust U.S. Equity ETF (NYSE:NOEQ), stepping beyond its traditionally niche, income-focused lineup into the highly competitive core U.S. equity space. The fund, which debuted on March 20, comes at a time when actively managed ETFs are seeing strong inflows as investors look for professional navigation in volatile markets.

NOEQ signals a strategic shift for the firm, which has historically leaned on its FlexShares brand for broader …

Full story available on Benzinga.com

AleAnna Inc. (NASDAQ:ANNA) shares are trading higher Thursday as energy markets react to new geopolitical developments.

WTI crude oil futures rose more than 3% to $93.5 per barrel. The Nasdaq is down 1.04% while the S&P 500 has shed 0.64%.

This spike followed a fresh warning from President Donald Trump to Iran. The administration aims to advance peace talks to end regional conflicts. These conflicts continue to disrupt global energy supplies.

White House Issues “Hell” Warning

White House Press Secretary Karoline Leavitt addressed the situation in a Wednesday briefing. “If Iran fails to accept the reality of the current moment… President Trump will ensure they are hit harder than they have ever been hit before… he is prepared to unleash hell,” Leavitt stated.

This rhetoric follows contradictory reports regarding …

Full story available on Benzinga.com

Reddit Inc (NYSE:RDDT) stock is trading lower on Thursday. The decline follows a period of small executive stock sales, and broader market volatility is also pressuring the stock.

Broader Market Weakness

The social media platform faces headwinds from a declining tech sector. On Thursday, the Nasdaq dropped 1.35%. Similarly, the S&P 500 shed 0.99%. Reddit is underperforming these major indices today as all high-growth stocks are taking a beating, with investors rotating out of high-growth tech stocks.

Insider Sales Impact Sentiment

Recent SEC filings show insider selling by Reddit executives. Chief Technology Officer Christopher Brian Slowe sold 2,000 shares in a transaction executed on Thursday, totaling about …

Full story available on Benzinga.com

A federal judge threw out Elon Musk’s antitrust lawsuit against the World Federation of Advertisers, Nestle, Shell (NYSE:SHEL), Mars, CVS Health (NYSE:CVS) and Colgate-Palmolive (NYSE:CL) on Thursday, ruling that X Corp failed to prove it was harmed by an alleged advertising boycott.

U.S. District Judge Jane Boyle didn’t just throw the case out, she ruled X can never refile it, saying the alleged conspiracy didn’t qualify as an antitrust violation in the first place.

The Backstory

X filed the suit in August 2024, claiming the advertisers used a WFA initiative called the Global Alliance for Responsible Media to collectively pull billions in ad revenue from the platform after Musk’s 2022 Twitter takeover.

GARM folded within days of the filing, unable to fund a legal defense. That looked like a win for Musk …

Full story available on Benzinga.com

Jim Cramer is calling out what he sees as unwarranted negativity on Wall Street. 

On CNBC’s Mad Money Wednesday evening, the veteran host said investors are missing the true signal in the market—falling oil prices—and overlooking the power of the “Trump Put,” a reference to the president’s willingness to prop up confidence when markets wobble.

• USO is moving. See the chart and price action here. 

Doom Bobs And Naysayers

Cramer took aim at what he labeled the “doom Bobs,” pessimistic observers who insist oil will stay elevated even if the Middle East conflict cools and that high prices will condemn the global economy to stagnation. 

“That’s just wrong,” Cramer said, arguing that traders are stuck in denial about how quickly sentiment can change when President Donald Trump‘s rhetoric and diplomacy is in play. 

“When in doubt in this market, check the direction of oil. Ignore those who scoff at every …

Full story available on Benzinga.com

Cohere has launched Transcribe, an automatic speech recognition (ASR) model, now available for download as open source. 

The model, designed for real-world application, is intended to enhance AI-driven tasks such as meeting transcription and speech analytics to support customer support interactions, a press release stated.

“Our objective was straightforward: push the frontier of dedicated ASR model accuracy under practical conditions. The model was trained from scratch with a deliberate focus on minimizing word error rate (WER), while keeping production readiness top-of-mind. In other words, not just a research artifact, but a system designed for everyday use,” Cohere stated.

What Does Transcribe Do?

Transcribe supports 14 languages, including English, French and Chinese. The model ranks first for accuracy on Hugging Face’s Open ASR Leaderboard, outperforming other ASR models such as Whisper Large v3 and ElevenLabs Scribe v2, with a WER of just 5.42%.

“We’re genuinely impressed with what Cohere has built with …

Full story available on Benzinga.com

Donald Trump said that prediction markets “predicted me pretty right… by a landslide,” calling them better than “fake polls.”

The endorsement lands as the industry races past $17 billion in monthly volume while fighting criminal charges and multiple congressional bills simultaneously.

The Presidential Stamp

Trump made the comments in a phone call with NYU law fellow Max Raskin.

A 2025 Vanderbilt study backs Trump’s claim, finding Polymarket outperformed polling in swing states during the 2024 election. After the July 2024 assassination attempt, traders repriced Trump’s odds instantly. Polls didn’t budge.

CFTC Chairman Michael Selig, a Trump appointee, has matched the tone. He filed an amicus brief in the 9th Circuit asserting exclusive federal jurisdiction over prediction markets and called state enforcement actions a “power grab.”

Where The Money Is

Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev has called prediction markets the fastest-growing business in company history, with a …

Full story available on Benzinga.com

The Fundrise Innovation Fund, LLC (NYSE:VCX) saw its shares collapse Thursday. The stock fell 49.21% following a series of critical posts from activist short seller Andrew Left’s Citron Research.

Citron Questions “Simple Math” and Asset Value

Citron Research said on X, that it is short VCX, arguing the stock’s valuation is disconnected from its underlying assets, adding, “Simple math.”

The report compared the situation to Destiny Tech100 Inc. (NYSE:DXYZ). Citron noted that DXYZ saw its 1,400% premium collapse despite its underlying portfolio performing well. Left warned that “gravity is not a theory” regarding the current VCX valuation.

Regulatory History and Marketing Spend Under Fire

The short report also focused …

Full story available on Benzinga.com

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 1% on Thursday.

The Dow traded down 0.43% to 46,228.52 while the NASDAQ fell 1.02% to 21,706.08. The S&P 500 also fell, dropping, 0.75% to 6,542.14.

Leading and Lagging Sectors

Energy shares climbed by 1.6% on Thursday.

In trading on Thursday, communication services stocks fell by 2.3%.

Top Headline

Commercial Metals Co. (NYSE:CMC) reported fiscal second-quarter results Thursday that missed adjusted EPS estimates but beat on revenue, sending shares lower.

CMC reported fiscal second-quarter adjusted earnings of $1.16 per diluted share, missing the $1.30 estimate, while sales of $2.132 billion beat the $2.091 billion estimate.

Net earnings were $93.0 million, or 83 cents per diluted share, on net sales of $2.1 billion. This compares with $25.5 million, or 22 cents per diluted share, on net sales of $1.8 billion a year earlier.

Equities Trading UP
           

• Kodiak Sciences Inc (NASDAQ:KOD) shares shot up 60% to $36.36 after the company announced topline results …

Full story available on Benzinga.com

Precigen, Inc. (NASDAQ:PGEN) reported mixed results for the fourth quarter on Wednesday.

The company posted a quarterly loss of 1 cent per share which beat the analyst consensus estimate of losses of 8 cents per share. The company reported quarterly sales of $4.565 million which missed the analyst consensus estimate of $8.286 million.

“With the FDA approval and launch of PAPZIMEOS, 2025 marked a transformational year for Precigen as we transitioned from a clinical-stage to a commercial-stage company and recognized our first commercial product revenues toward the end of the year,” said Helen Sabzevari, PhD, President and CEO of Precigen. “We are seeing strong alignment within the physician community around PAPZIMEOS as the first-line standard of care for adults …

Full story available on Benzinga.com

Paychex, Inc. (NASDAQ:PAYX) reported upbeat fiscal third-quarter results on Wednesday.

Its total revenue surged 20% year-over-year to $1.81 billion. The Street expected a quarterly revenue of $1.79 billion. Adjusted diluted earnings per share were $1.71, up from 1.49 a year ago, which topped the analyst consensus estimate of $1.67.

John Gibson, president and CEO of Paychex, said the company delivered strong double-digit revenue and operating income growth while accelerating organic growth through effective execution and progress on strategic priorities. He noted that clients are increasingly turning to Paychex’s advisory and benefits solutions to navigate complex regulatory and workforce challenges, highlighting the value of its technology and expertise.

Paychex reiterated its fiscal 2026 adjusted EPS growth …

Full story available on Benzinga.com

Shares of AppLovin Corp (NASDAQ:APP) are trading lower on Thursday.

This decline stems primarily from a sharp sell-off in the broader technology sector. Investors are rotating out of high-growth tech shares today.

Jobless Claims Meet Market Estimates

Macroeconomic factors are also influencing the downward trend. U.S. initial jobless claims increased by 5,000 to 210,000 during the third week of March.

This figure aligns with median market estimates. However, the data contributed to a cautious atmosphere. The Dow Jones index fell more than 250 points during the morning session.

Communication Services Lag Behind

The communication services sector is among the weakest performers today. In Thursday trading, these stocks fell by 1.6%.

AppLovin is …

Full story available on Benzinga.com

The Iran war isn’t just moving crude prices — it’s redrawing the S&P 500’s performance map.

A month-to-date snapshot through Mar. 26 reveals that 15 of the index’s 20 best-performing stocks are direct beneficiaries of the crisis at the Strait of Hormuz.

Twelve names in the top 20 belong to the oil and gas industry — a clear reflection of how rising crude prices translate into energy stocks’ performance.

Three more belong to chemicals — an industry whose margins are being turbocharged by soaring fertilizer input costs and disrupted petrochemical supply chains.

Together, they form the clearest market map yet of who wins when Hormuz goes dark.

Hormuz Owns 75% Of S&P 500’s March Winners

Full story available on Benzinga.com

Investors eager to ride a SpaceX IPO need to be strategic, because the rocket maker remains private and direct secondary-market access is limited to institutions and ultra–high-net-worth buyers. 

For most retail investors, the most practical path is through public companies and funds that already hold SpaceX equity.

• SATS stock is moving. See the chart and price action here. 

Why SpaceX Pre‑IPO Demand Is Surging

The Elon Musk-led company is reportedly weighing a June IPO that could raise up to $75 billion at a $1.75 trillion valuation, making it one of the largest listings ever. 

Private-market estimates already peg the company’s valuation near $1.4 trillion dollars after recent funding rounds, underscoring how much of the upside has accrued before public trading begins.

Public Companies With SpaceX Stakes

Several listed firms give indirect exposure to SpaceX via balance‑sheet stakes. 

EchoStar Corp. (NASDAQ:SATS) has emerged as a de facto public proxy after spectrum‑for‑equity deals left it with a SpaceX stake recently valued at around $11.1 billion, which helped drive a sharp move higher in its stock. 

The chart below shows SATS year-to-date performance:

Joke all you want about their penchant for six-figure student loans and $18 avocado toast, for many millennials the strategy for confronting financial chaos is no strategy at all. 

Are they confident? Yes. Doing well? Not exactly, as just 27% of millennials feel confident handling a diverse portfolio of assets, according to a survey issued by Equitable. 

That gap between surface confidence and actual readiness is exactly where an advisor tends to help, and it is also why SmartAsset built a matching tool that connects people with up to three advisors in their area after a short questionnaire, with free initial consultations and no obligation to hire.

Millennials’ Unboxed Chaos 

Millennials have so many reasons to want to look away and try to sound brave. It’s not just because, as the preliminary University of Michigan Consumer Sentiment Survey revealed, most consumers are feeling anxious about spending and where the economy will end up. 

That general anxiety becomes quite specific when you drill down to millennials’ key concerns. Not only have 3 out of 5 millennials and Gen Zers reported draining their bank accounts and hitting overdraft in 2025, according to a US News survey, but 38% have also recently missed credit card payments. 

According to a recent survey by Intuit, 61% of adults see money as their primary life stressor and 54% state they have financial regrets from 2025 that are impacting them right now. Other bad things millennials have besides stress and regret? Debt—lots of it. 

They have the highest average student loan amounts ($40,238) next to Gen X, ($44, 240) and the largest share of student debt. Millennials also get to be best with how much they owe on their mortgages. …

Full story available on Benzinga.com

TORONTO, March 26, 2026 /CNW/ – An initial appearance has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Mutual Fund Dealer Rules in the matter of Alain Georges Cogan.

The initial appearance is open to the public unless the hearing panel orders otherwise. The date for the disciplinary hearing will be made …

Full story available on Benzinga.com

TORONTO, March 26, 2026 /CNW/ – NEI Investments (“NEI”) announced today that at a special meeting of unitholders held on March 25, 2026, applicable unitholders approved the merger of NEI Global Growth Fund into NEI Global Equity RS Fund. Alongside this merger, NEI also announced a change to the benchmark for NEI Global Dividend RS Fund. These updates reflect NEI’s ongoing commitment to streamlining fund offerings and optimizing investment solutions for unitholders.

NEI Global Growth Fund merger

On or about April 10, 2026, NEI will merge NEI Global Growth Fund into NEI Global Equity RS Fund, and the sub-advisor agreement between NEI and Baillie Gifford Overseas Limited will terminate. NEI Global Growth Fund was closed to new and subsequent purchases as of 4:00pm Eastern Time on March 25, 2026.

As part of this transition, effective on or around April 1, 2026, NEI will decrease management and fixed administration fees across all retail series units of NEI Global Equity RS Fund, delivering cost savings to investors, as detailed below:

Full story available on Benzinga.com

Mike Novogratz says Iran made a strategic mistake by showing the world it can shut the Strait of Hormuz.

“You can only bluff people about the Strait of Hormuz once,” the Galaxy Digital (TSX:GLXY) CEO said on the All Things Markets podcast with Anthony Scaramucci.

Gulf States Planning Massive Infrastructure Response

Now that markets know Hormuz can be closed and will be closed, Novogratz expects a massive infrastructure buildout in pipelines and potentially even a canal to bypass the chokepoint, in an effort to become “Hormuz-free.”

Saudi Aramco has already taken emergency measures, converting its East-West Pipeline to full 7-million-barrel-per-day capacity, rerouting crude from the Gulf coast to Red Sea ports at Yanbu.

But the existing infrastructure was designed for a short disruption, not a structural rerouting.

The UAE’s Habshan-Fujairah pipeline runs just 248 miles and carries 1.5 million barrels per day.

It cost $4.2 billion and blew past …

Full story available on Benzinga.com

Salesforce Inc. (NYSE:CRM) announced a federal expansion on Thursday. The U.S. Department of Labor (DOL) has tapped the company’s Agentforce platform to modernize its National Contact Center.

The Launch of DOLA

The DOL is rolling out “DOLA,” an autonomous AI agent. This digital assistant provides 24/7 support for American workers and retirees. DOLA leverages Salesforce’s trusted data fabric to provide personalized assistance across 28 federal programs. It functions as a “digital workforce” to handle high volumes of inquiries.

DOLA does more than just chat. It can collect intake details, open formal cases, and launch …

Full story available on Benzinga.com

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 250 points on Thursday.

Following the market opening Thursday, the Dow traded down 0.56% to 46,171.31 while the NASDAQ fell 1.15% to 21,677.52. The S&P 500 also fell, dropping, 0.82% to 6,537.54.

Leading and Lagging Sectors

Energy shares climbed by 0.6% on Thursday.

In trading on Thursday, communication services stocks fell by 1.6%.

Top Headline

U.S. initial jobless claims increased by 5,000 from the previous month to 210,000 during the third week of March, in-line with the median market estimates.

Equities Trading UP
           

• Kodiak Sciences Inc (NASDAQ:KOD) shares shot up 63% to $36.99 after the company announced topline results in the GLOW2 Phase 3 superiority study of Zenkuda for the treatment of patients with diabetic retinopathy.
• Shares of …

Full story available on Benzinga.com

Circle Internet Group (NYSE:CRCL) could reach a $75 billion valuation by 2030 despite Tuesday’s 20% crash on Clarity Act news, according to Bitwise CIO Matt Hougan’s analysis.

The $75 Billion Math

Hougan’s valuation model uses three key assumptions: stablecoin market size, Circle’s market share, and revenue margins. 

Citigroup (NYSE:C) forecasts the stablecoin market will grow from roughly $200 billion today to $1.9 trillion by 2030.

Moreover, Circle’s USDC (CRYPTO: USDC) currently holds 25% of the market, trailing only Tether’s USDT (CRYPTO: USDT). 

Hougan assumes Circle maintains this 25% share, giving the company control of about $475 billion in stablecoins by 2030.

Circle earns interest by investing customer deposits into U.S. Treasuries, which currently pay around 4%. 

However, the company pays roughly 60% of revenue to …

Full story available on Benzinga.com

Coeur Mining, Inc. (NYSE:CDE) shares are sliding in Thursday’s premarket session.

This downward movement stems primarily from a sharp retreat in precious metals prices. Gold fell below $4,500 per ounce, while silver dropped under $70 per ounce, according to Trading Economics.

As a primary producer, Coeur’s revenue remains directly tied to these market values.

Geopolitical Statements Unsettle Markets

The decline follows conflicting reports regarding potential peace talks between the U.S. and Iran. President Donald Trump stated Wednesday that Iran was eager to reach a deal. However, Iran’s foreign minister contradicted this, saying Tehran has no plans to negotiate. This uncertainty has led gold …

Full story available on Benzinga.com

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector.

Conagra Brands Inc (NYSE:CAG)

• Dividend Yield: 9.14%
• Wells Fargo analyst Chris Carey downgraded the stock from Equal-Weight to Underweight and cut the price target from $20 to $15 on March 12, 2026. This analyst has an accuracy rate of 62%
• Morgan Stanley analyst Megan Alexander maintained an Equal-Weight rating and raised the price target from $18 to $19 on Feb. 18, 2026. This analyst has an accuracy rate of 59%.
• Recent News: On March 6, Conagra Brands announced …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Rothschild & Co analyst Oliver Holmes upgraded Westinghouse Air Brake Technologies Corp (NYSE:WAB) from Neutral to Buy and raised the price target from $262 to $285. Westinghouse Air Brake shares closed at $248.32 on Wednesday. See how other analysts view this stock.
• Needham analyst Charles Shi upgraded Arm Holdings PLC – ADR (NASDAQ:ARM) from Hold to Buy and announced …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• BNP Paribas cut Chewy Inc (NYSE:CHWY) price target from $38 to $28. BNP Paribas analyst Chris Bottiglieri reiterated a Neutral rating. Chewy shares closed at $26.57 on Wednesday. See how other analysts view this stock.
• Bernstein cut the price target for Qualcomm Inc (NASDAQ:QCOM) from $175 to $140. Bernstein analyst Stacy Rasgon downgraded the stock from Outperform to Market Perform. Qualcomm shares closed at $130.35 on Wednesday. See how other analysts view this stock.
• Wells Fargo raised United Natural Foods Inc (NYSE:UNFI) price target from $40 to $56. Wells Fargo analyst Edward Kelly upgraded the stock from Equal-Weight to Overweight. United Natural Foods shares closed at $43.56 on Wednesday. See how other analysts view this stock.
• Rothschild & Co increased price target for Westinghouse Air Brake …

Full story available on Benzinga.com

TORONTO, March 26, 2026 /CNW/ – RBC Global Asset Management Inc. (“RBC GAM”) today announced that RBC Target 2026 Canadian Government Bond ETF (TSX:RGQO), RBC Target 2026 Canadian Corporate Bond Index ETF (TSX:RQO) and RBC Target 2026 U.S. Corporate Bond ETF (TSX:RUQO) will mature on or about Friday, September 11, 2026 (the “Maturity Date”).

Unlike traditional exchange-traded funds which have a perpetual life, the RBC Target Maturity Bond ETFs have a specified maturity date that is established when the ETFs are launched and disclosed in its prospectus. When the ETF reaches its maturity date, the ETF’s final net asset value (“NAV”) is returned to unitholders.

Each RBC Target Maturity Bond ETF’s portfolio contains securities that mature throughout its stated maturity year. This structure results in a duration profile similar to that of an individual bond, where the ETF’s duration can be expected to decline as it approaches maturity, reducing sensitivity to interest rate changes. The RBC Target Maturity Bond ETFs do not seek to return any predetermined amount at maturity.

The family of RBC Target Maturity Bond ETFs includes six Canadian government bond ETFs, six Canadian corporate …

Full story available on Benzinga.com

The U.S. dollar has dropped 10% since the beginning of President Donald Trump’s second term. 

While a double-digit decline in a major currency often sparks fears of a global financial shift, a new report from the Brookings Institution suggests the dollar isn’t losing its “reserve currency” crown just yet. 

According to the post by Senior Fellow Robin Brooks, the drop has been driven by “short, sharp bursts” of volatility linked to specific policy events: 

• April 2025: A chaotic rollout of reciprocal tariffs. 
• January 2026: Escalated rhetoric regarding Greenland during the Davos summit.

Is the Dollar Losing Its Global Status? 

Despite the 10% slide, the data shows that central banks around the world — like those in China and Japan — are not dumping their dollars.

The International Monetary Fund‘s Currency Composition of Official Foreign Exchange Reserves data indicates that while the dollar is weaker, there are no viable alternatives. 

The euro has failed to gain ground, and the Chinese yuan has seen its share of global reserves decrease during this period. 

The report concludes that the 10% drop is likely “benign,” meaning it’s driven by standard economic expectations and interest rates rather than a fundamental collapse of the U.S. financial system. 

What This Means for Your Portfolio

A weaker dollar creates both winners and losers in the stock market:

• Winners: U.S.  Multinationals
  Companies …

Full story available on Benzinga.com

As of March 26, 2026, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

Tri Pointe Homes Inc (NYSE:TPH)

• On Feb. 25, Tri Pointe Homes posted upbeat quarterly earnings. The company’s stock gained around …

Full story available on Benzinga.com

Robin Energy Ltd (NASDAQ:RBNE) shares continued their upward trajectory during Thursday’s premarket session. The move follows a volatile week for the energy transportation provider.

Short Interest Spikes Significantly

Short interest in Robin Energy climbed from 314,620 to 856,160 shares during the last reporting period. This surge means 12.66% of the company’s float is now held short.

Board Authorizes $3 Million Buyback

The company is executing a strategic tender offer. Robin Energy announced on Tuesday it will purchase up to 1,000,000 shares of its common stock. The company set the purchase price at $3.00 per …

Full story available on Benzinga.com

When investors talk about “rotation” in 2026, it’s no longer just about shifting from one U.S. sector to another or moving between small-cap and large-cap stocks. Increasingly, investors are looking beyond U.S. borders—especially toward Europe. Valuations across major European markets appear more reasonable compared with the high-growth, high-multiple U.S. Tech sector, and economies from Germany to the UK are showing early signs of stabilizing.

A major attraction is Europe’s more balanced market structure. Unlike the U.S., where the Magnificent 7 dominate index weightings, Europe’s market capitalization is spread more evenly across sectors such as Healthcare, Industrials and Consumer Goods. For investors seeking diversification and less concentration risk, this balance is becoming harder to ignore.

February alone was record-setting for European stocks, with Europe-focused ETFs gathering $14.1 billion in net inflows during the month, according to the S&P Global. Notably, $10 billion came in the first two weeks alone, and inflows were led by broad-market and thematic equity strategies. This shift began accelerating in 2025 as global investors moved away from U.S. large-cap and growth stocks. Even as European markets posted steady gains in late 2025, interest only grew—and that trend has continued into 2026.

U.S. Investors Still Underweight European Equities

Even with the recent surge in interest, U.S. retail investors remain meaningfully underweight European equities. For years, Europe lacked the high-growth Tech exposure that dominated U.S. investor demand, making it easy to overlook. The S&P 500’s persistent outperformance didn’t help either. Over much of the last decade, U.S. large-cap stocks beat European benchmarks by wide margins, reinforcing the home-bias mentality.

Geopolitical concerns also played a role. Europe’s proximity to conflict zones—most notably the war in Ukraine—combined with spikes in natural gas prices and worries about European companies’ reliance on Chinese consumers, added to investor hesitation. Taken together, these factors kept many U.S. investors close to …

Full story available on Benzinga.com

U.S. stock futures were lower this morning, with the Dow futures falling around 300 points on Thursday.

Shares of Worthington Steel Inc (NYSE:WS) fell sharply in pre-market trading after the company reported weaker-than-expected third-quarter financial results.

The company reported quarterly earnings of 27 cents per share, which missed the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $769.800 million, which missed the analyst consensus estimate of $882.950 million.

Worthington Steel shares dipped 14.1% to $30.10 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

• urban-gro Inc (NASDAQ:UGRO) dipped …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Bernstein analyst Stacy Rasgon downgraded Qualcomm Inc (NASDAQ:QCOM) from Outperform to Market Perform and cut the price target from $175 to $140. Qualcomm shares closed at $130.35 on Wednesday. See how other analysts view this stock.
• Citizens analyst Silvan Tuerkcan downgraded Terns Pharmaceuticals Inc (NASDAQ:

Full story available on Benzinga.com

Argan, Inc. (NYSE:AGX) will release earnings for its fourth quarter after the closing bell on Thursday, March 26.

Analysts expect the Arlington, Virginia-based company to report quarterly earnings of $1.98 per share, down from $2.22 per share in the year-ago period. The consensus estimate for Argan’s quarterly revenue is $255.32 million (it reported $232.47 million last year), according to Benzinga Pro.

On Dec. 4, Argan reported mixed third-quarter results.

Argan shares fell 1.7% to close at $437.48 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how …

Full story available on Benzinga.com

On CNBC’s “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said Ardagh Metal Packaging S.A. (NYSE:AMBP) has a 9.5% dividend yield.

On the earnings front, Ardagh Metal Packaging, on Feb. 26, reported fourth-quarter earnings of 3 cents per share which beat the analyst consensus estimate of 2 cents per share. The company reported quarterly sales of $1.346 billion which beat the analyst consensus estimate of $1.279 billion.

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he likes Netflix, Inc. (NASDAQ:

Full story available on Benzinga.com

McCormick & Company, Incorporated (NYSE:MKC) will release earnings for its first quarter before the opening bell on Tuesday, March 31. The spice and condiment company also wants to buy Unilever’s (NYSE:UL) food business.

With the recent buzz around McCormick, some investors may be eyeing potential gains from the company’s dividends. Currently, McCormick has an annual dividend yield of 3.64%, which is a quarterly dividend amount of 48 cents per share ($1.92 a year).  

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $164,938 or around 3,125 shares. For a more modest $100 per month or $1,200 per year, you would need $32,988 or around 625 …

Full story available on Benzinga.com

Larry Fink, CEO of BlackRock (NYSE:BLK) — the fund manager that oversees $14 trillion in assets — in an interview with the BBC this week, said something unusual to hear from Wall Street: that American society made a mistake by idolizing careers in finance and law, while quietly looking down on people who work with their hands.

“We really put judgment on so many jobs and so many people who probably should not have gone into banking or media or law,” Fink said in a podcast episode released Wednesday.

“We need to now rebalance that approach.”

AI Is Creating Trades

Fink’s argument is mathematical. Artificial intelligence is going to hollow out demand for certain white-collar roles. What it can’t replace is the physical infrastructure needed to run itself: the data centers, the power grids, the electrical systems, he said. The people who build those things are electricians, welders, and plumbers. And right now, there aren’t enough of them.

His latest annual letter to shareholders, published …

Full story available on Benzinga.com

Micron Technology, Inc. (NASDAQ:MU) shares experienced a sharp surge as the stock’s momentum score jumped from 24.18 to 50.9 on a week-over-week basis.

AI Memory Shortages Drive Revenue Surge

Micron reported second-quarter revenue of $23.86 billion, surpassing analyst estimates of $19.94 billion, and adjusted earnings of $12.20 per share, versus the projected $9.21.

CEO Sanjay Mehrotra said, “We are only able to supply, for our key customers in the midterm, about 50% to two-thirds of their requirements.”

Mehrotra emphasized that memory has become a “strategic asset” in the AI era, and supply-demand conditions for DRAM and NAND are expected to remain tight beyond 2026.

The company is expanding its global manufacturing footprint to support growing demand.

The Benzinga Edge Stock Rankings show that the company’s medium- and long-term trends have turned positive, while the short-term trend remains negative, according to the latest data.

Full story available on Benzinga.com

Economist Peter Schiff warns that a severe financial meltdown is imminent following a sharp spike in U.S. import and export prices, compounded by massive global oil shocks.

Schiff Warns Of 19% Annualized Inflation

Following a significant jump in U.S. import and export prices, economist Schiff is issuing a dire warning to the markets and the Federal Reserve. Schiff declared on X that the U.S. is “headed for a full-blown financial crisis,” pointing to the latest inflation indicators as a harbinger of economic disaster.

According to Schiff, the situation is already critical, noting that “February import prices spiked 1.3% while export prices surged 1.5%.” He calculated that these surging numbers are “annualizing to inflation rates of 16.8%–19.6%.”

In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Coeur Mining (NYSE:CDE) in relation to its major competitors in the Metals & Mining industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and illuminate company’s performance in the industry.

Coeur Mining Background

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada, and Mexico generating maximum revenue from United States.

Full story available on Benzinga.com

In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Microsoft (NASDAQ:MSFT) in relation to its major competitors in the Software industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company’s performance within the industry.

Microsoft Background

Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

Full story available on Benzinga.com

In today’s rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Micron Technology (NASDAQ:MU) vis-à-vis its key competitors in the Semiconductors & Semiconductor Equipment industry. Through a detailed analysis of important financial indicators, market standing, and growth potential, our goal is to provide valuable insights and highlight company’s performance in the industry.

Micron Technology Background

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Full story available on Benzinga.com

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Tesla (NASDAQ:TSLA) and its primary competitors in the Automobiles industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company’s performance within the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Full story available on Benzinga.com

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating NVIDIA (NASDAQ:NVDA) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company’s performance within the industry.

NVIDIA Background

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Full story available on Benzinga.com

Shares of Navan Inc (NASDAQ:NAVN) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.

Navan reported fourth-quarter revenue of $177.92 million, beating analyst estimates of $162 million, according to Benzinga Pro. The company reported adjusted earnings of two cents per share for the quarter, beating estimates for a loss of 12 cents per share.

Navan shares jumped 25.7% to $11.50 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• EpicQuest Education Group Internatnl Ltd (NASDAQ:EEIQ) gained 109.8% to $5.73 in pre-market trading after gaining 22% on Wednesday.
• Fitness Champs Holdings Ltd (NASDAQ:FCHL) gained 84.8% to $3.16 in pre-market trading after dipping 42% on Wednesday. According to a Mar. 18 Securities and Exchange Commission filing, FCHL’s board approved the 15-for-1 share consolidation on Feb. 12 to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which mandates a minimum bid price of $1 per share.
• Olaplex Holdings Inc (NASDAQ:OLPX) gained 50.4% to $2.00 in pre-market trading after the company agreed to a $1.4 billion cash buyout by Henkel at $2.06 per share.
• Southland Holdings Inc (NYSE:SLND) rose 29.4% …

Full story available on Benzinga.com

The Chinese government has reportedly restricted the co-founders of Manus from leaving the country as it reviews the company’s $2.5 billion acquisition by Meta Platforms (NASDAQ:META).

The two co-founders of Manus, Xiao Hong and Ji Yichao, were summoned earlier this month for a meeting with the National Development and Reform Commission in Beijing to discuss the acquisition, according to The Wall Street Journal report.

Following the meeting, officials instructed the Singapore-based executives not to leave China until further notice, citing an ongoing review.

Relocation And Ownership Scrutiny

The acquisition of Manus, which develops an advanced AI agent, by Meta Platforms has drawn scrutiny from Chinese regulators. The company’s actions, including relocating most of …

Full story available on Benzinga.com

Sen. Mark Kelly (D-Ariz) said rising health insurance costs are forcing Americans off coverage after enhanced subsidies tied to the Affordable Care Act expired, warning policymakers failed to prevent predictable premium hikes.

ACA Premiums Spike, Millions Lose Coverage

On Wednesday, Kelly posted on X, criticizing President Donald Trump and GOP lawmakers for their inaction.

“Trump and Republicans knew what would happen if they let health care premiums skyrocket: Americans wouldn’t be able to afford it and families would lose their insurance. Now it’s happening, and they still have no solution,” Kelly wrote.

He added, “We must keep fighting to bring down the cost of health care.”

Kelly shared A Wall Street Journal report confirms the scope of the problem: nearly 10% of people enrolled in ACA plans last year dropped coverage after premium increases made insurance unaffordable.

Full story available on Benzinga.com

The Initial public offering (IPO) of Elon Musk-led SpaceX is one of the most-awaited IPOs of the year, as it is expected to become the biggest ever, potentially surpassing Saudi Aramco’s $29 billion debut.

The space exploration company is expected to raise up to $75 billion. According to a recent report, the company plans on filing for its IPO as early as this week.

Biggest IPO

SpaceX is expected to allocate more than 20% of shares to retail investors during the IPO, which is significant considering the $75 billion it is expected to raise, up from the earlier reported $50 billion.

SpaceX will target a valuation of $1.75 trillion, as confirmed by Musk in a social media …

Full story available on Benzinga.com

Russia suspended ammonium nitrate export licenses from March 21 through April 21 earlier this week, citing domestic planting season needs — a move that economist Steve Hanke says is a direct signal to the West: ease sanctions, or fertilizer won’t flow.

Russia’s Market Grip

Russia controls up to 40% of global trade in ammonium nitrate, making the freeze immediately consequential for world agricultural supply chains. Moscow’s stated rationale is prioritizing spring planting, but Hanke argued the timing and leverage are inseparable from the ongoing sanctions standoff.

In a post on X late Wednesday, Hanke also shared a list of the biggest ammonium nitrate importers, saying “sanctions will have to give or fertilizer won’t flow.”

Full story available on Benzinga.com

Oxford Industries, Inc. (NYSE:OXM) will release earnings for its fourth quarter after the closing bell on Thursday, March 26.

Analysts expect the Atlanta, Georgia-based company to report quarterly earnings of 3 cents per share, down from $1.37 per share in the year-ago period. The consensus estimate for Oxford Industries’ quarterly revenue is $371.84 million (it reported $390.5 million last year), according to Benzinga Pro.

On Dec. 10, Oxford Industries posted upbeat third-quarter results but slashed its FY25 guidance below estimates.

Oxford Industries shares fell 2.5% to close at $32.97 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst …

Full story available on Benzinga.com

Tesla Inc.‘s (NASDAQ:TSLA) ride-hailing service in the state of California isn’t classified as an autonomous vehicle service or Robotaxi, according to a statement by an official from the California Public Utilities Commission (CPUC) on Wednesday.

Tesla’s Ride-Hailing Not A Robotaxi, CPUC Says

In an appearance on the Driverless Digest podcast on Monday, Pat Tsen, who serves as the Deputy Executive Director for Consumer Policy, Transportation, and Enforcement at the CPUC, confirmed that the EV giant holds the same permit by the Department of Motor Vehicles that is issued to limousine operators in the state.

“Tesla is not operating an autonomous vehicle service,” Tsen confirmed, adding that the CPUC classified vehicles based on the Society of Automotive Engineers (SAE) system, with autonomous vehicles being defined as an SAE Level 3, which illustrates that “the onboard AI system is capable of navigating designated road conditions within an operational design domain on its own,” she added.

Tesla was at level 2 and featured a safety driver, which is classified …

Full story available on Benzinga.com

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Extreme Fear” zone on Wednesday.

U.S. stocks settled higher on Wednesday, with the Dow Jones index gaining more than 300 points during the session as crude oil prices retreated sharply on reports that Washington is pursuing diplomatic talks with Tehran — even as Iranian officials formally denied any progress.

Reports that the U.S. had delivered Iran a 15-point proposal and was seeking a one-month ceasefire to facilitate talks proved sufficient to spark a broad-based relief bid across equities.

In earnings, Chewy Inc. (NYSE:CHWY) shares jumped around 13% on Wednesday after the online pet‑care retailer delivered a stronger‑than‑expected fourth quarter and rolled out a solid fiscal guidance for 2026. Cintas Corp.

Full story available on Benzinga.com

Here are the latest developments in the U.S.–Israel–Iran war at 3.15 AM ET on Thursday, as the conflict enters its 27th day.

U.S. and Israeli strikes on Iran and Lebanon continued, while Iranian missiles targeted central and northern Israel in retaliation.

President Donald Trump said on Wednesday that Iran was eager to reach a deal to end nearly four weeks of fighting, contradicting Iran’s foreign minister, who said Tehran was reviewing a U.S. proposal but had no plans to negotiate an end to the conflict.

In an Iranian state TV interview, Abbas Araghchi said they have not engaged in talks to end the war, “and we do not plan on any negotiations.” This came after reports that Iran rejected a 15-point U.S. ceasefire proposal and made its own demands to end the fighting.

US Tells Iran To Accept Defeat Or Trump May ‘Unleash Hell’

The White House warned Iran to accept what it called a military defeat, or President Trump will be prepared to “unleash hell.”

“If Iran fails to accept the reality of the current moment… President Trump will ensure they are hit harder than they have ever been hit before… he is prepared to unleash hell,” White House Press Secretary Karoline Leavitt …

Full story available on Benzinga.com

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Commercial Metals Co. (NYSE:CMC) to report quarterly earnings at $1.33 per share on revenue of $2.09 billion quarter before the opening bell, according to data from Benzinga Pro. Commercial Metals shares rose 0.1% to $62.50 in after-hours trading.
• Worthington Steel Inc. (NYSE:WS) reported weaker-than-expected third-quarter financial results. The company reported quarterly earnings of 27 cents per share, which missed the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $769.800 million, which …

Full story available on Benzinga.com

The S&P 500 rose 0.54% on Wednesday to close at 6,591.90, as easing oil prices lifted sentiment despite ongoing uncertainty around the Iran war.

The Polygon-based (CRYPTO: POL) Polymarket crowd is bearish heading into Thursday. The March 26 market shows a slight edge toward “Up,” with trading volume building early on bets over whether the S&P 500 will open higher or lower.

Why That Number Matters

Markets remain tightly linked to developments in the Iran war and movements in oil prices.

Crude prices cooled on Wednesday, with WTI settling at $90.32 per barrel and Brent at …

Full story available on Benzinga.com

NYU professor and tech commentator Scott Galloway warns that the current artificial intelligence (AI) market is a massive bubble, predicting that high-flying tech stocks like Nvidia Corp. (NASDAQ:NVDA) could plummet by as much as 70%.

The AI Valuation Bubble

Speaking on the Inside Economics podcast alongside Moody’s chief economist Mark Zandi, Galloway cast heavy doubt on the sky-high expectations surrounding AI-centric companies.

He noted that the sector now represents roughly 40% of the S&P 500. For these companies to justify their astronomical revenue multipliers, Galloway argued they either need to drive unprecedented job destruction to create corporate efficiencies or face a severe market correction.

Galloway strongly believes the latter is imminent, predicting that major tech players will soon see their valuations slashed.

“If Nvidia goes down 70%, everyone’s going to feel it,” he cautioned, likening the potential crash to historical tech market corrections, such as Amazon.com Inc.‘s (NASDAQ:AMZN) brutal 97% drop during the early 2000s dot-com bust.

‘Corporate Ozempic’

Galloway also dismissed …

Full story available on Benzinga.com

Investor Ross Gerber, the co-founder of investment firm Gerber Kawasaki, has weighed in on Tesla Inc.‘s (NASDAQ:TSLA) pivot away from automobiles and into robotics and AI.

Robotics Push

In a post on the social media platform X on Wednesday, user Keith Fitz-Gerald quoted a video by Tesla, which showcased the Optimus humanoid robot’s development behind the scenes. “$TSLA Optimus is going to be so successful that people are going to forget Tesla made cars,” he said in the post.

Ross Gerber Responds

Outlining the robotics push, Gerber responded to Fitz-Gerald’s post on X, sharing his take on the claim. “People have already forgotten that Tesla makes cars…” Gerber …

Full story available on Benzinga.com

Elon Musk-led SpaceX is planning to soon announce its initial public offering (IPO), in what is expected to be the biggest IPO ever. Another IPO that’s being talked about a lot is OpenAI‘s.

While OpenAI is yet to confirm its IPO plans, there has been a lot of buzz around its public debut.

OpenAI’s New Raise

OpenAI is finalizing a new $10 billion venture-capital raise, which could push its valuation close to $850 billion. Andreessen Horowitz, MGX, D.E. Shaw Ventures, TPG and T. Rowe Price are co-leading the financing for the Sam Altman-led company’s latest funding round.

Nvidia’s ‘Last’ Investment In OpenAI

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang earlier this month indicated that the company’s recent $30 …

Full story available on Benzinga.com

The Environmental Protection Agency said Wednesday it will temporarily allow broader summer sales of E15 gasoline, a higher-ethanol blend, as the Trump administration looks to ease pump prices that have jumped since the Iran war began.

Gas Prices Spike As E15 Returns

The move arrives as the national average for regular gasoline stood at $3.983 a gallon on Wednesday, according to the American Automobile Association, with diesel at $5.366 and premium at $4.864. AAA’s state data show a dozen states above $4 for regular gas, with California, Hawaii and Washington all above $5.

U.S. Agriculture Secretary Brooke Rollins said in a public statement, “President Trump is unleashing American Energy Dominance, and today’s action will directly lower prices at the pump and gives a clear demand signal to our domestic biofuels producers.” E15 has typically been restricted in warmer months because regulators have worried it could worsen smog.

Despite recent market volatility, Deepwater Asset Management’s Gene Munster believes the artificial intelligence (AI) revolution is just getting started, positioning mega-cap tech giants—specifically Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL)—as ultimate long-term winners.

The ‘Second Inning’ Of AI

Investors abandoning Big Tech may be making a premature exit. According to Munster, the AI trade is still in the “second inning.” While he sees significant upside in sub-$500 billion market cap companies, he remains firmly bullish on industry titans.

“Most of the big companies are still going to reap massive benefits in the next 5 to 10 years of what’s going to be just some crazy innovation,” Munster said in a recent interview with The Street.

He emphasized that investors who believe AI will profoundly change the world should remain overweight in the tech sector, noting that the Nasdaq is still poised to outperform the broader market.

Winning The Personal AI Race

When it comes to the Magnificent 7, Munster’s top focus is on companies poised to conquer personal, contextual AI. Alphabet and Apple top …

Full story available on Benzinga.com

California Governor Gavin Newsom (D-Calif.) has shared that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has turned out to be one of the biggest disappointments.

Elon Musk Is The Edison Of Our Time

In an interview with Axios, Newsom, on Wednesday, lamented Musk’s association with President Donald Trump. “One of the great disappointments,” Newsom said when asked about the SpaceX CEO.

Newsom then hailed Musk as “one of the great innovators of our time,” drawing parallels between Musk and inventor Thomas Edison. “He’s the Edison of our time. It breaks my heart,” Newsom shared. He added that he was one of the first people to get a Tesla vehicle off the line. “I’ve been one of their biggest proponent supporters,” Newsom said.

The California Governor then shared how a favorable regulatory environment in California helped Musk to become a “multi-billionaire, maybe trillionaire, that he’s become.”

Gavin Newsom’s Concerns About Chinese EVs

Describing it as the “greatest own goal,” Newsom shared that Musk, as well as Trump, were letting Chinese EVs grow on the global stage. “They have …

Full story available on Benzinga.com

On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably involving Tempus AI Inc (NASDAQ:TEM) and Meta Platforms Inc (NASDAQ:META). These trades reflect Ark’s strategic adjustments amidst evolving market conditions and company-specific developments.

The Tempus AI Trade

ARK Genomic Revolution ETF (BATS:ARKG) and ARK Space & Defense Innovation ETF (BATS:ARKK) increased their holdings in Tempus AI by acquiring 12,649 and 72,290 shares, respectively. The shares closed at $46.76, marking a 4.24% decline.

This purchase aligns with Tempus’ recent collaboration with Daiichi Sankyo, aiming to enhance AI-driven biomarker discovery in oncology. The collaboration seeks to leverage AI models for patient selection, potentially boosting the success rate of new treatments. The total value of the shares bought by Ark Invest in Tempus AI is approximately $3.97 million.

The Meta Platforms Trade

ARK Blockchain & Fintech Innovation ETF (BATS:ARKF), ARK Next Generation Internet ETF

Full story available on Benzinga.com

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average up 0.66% at 46,429.49, the S&P 500 gaining 0.5% to 6,591.90 and the Nasdaq advancing 0.77% to 21,929.82.

These are the top stocks that gained the attention of retail traders and investors through the day:

Urban-gro Inc. (NASDAQ:UGRO)

Urban-gro’s stock skyrocketed by 416.95%, closing at $36.29. The stock reached an intraday high of $36.30 and a low of $7.40, setting a new 52-week high at $36.30. In the after-hours trading, the stock fell 19.65% to $29.16.

The surge follows the company’s strategic merger with IPG, which consolidates multiple cricket leagues under a Nasdaq-listed platform. This move aims to centralize sponsorship revenue and expand into new markets like Bangladesh and the UAE. 

DraftKings Inc. (NASDAQ:DKNG)

DraftKings shares fell by 8.11%, closing at $21.42. The stock fluctuated between an intraday high of $23.68 and a low of $21.35, nearing its 52-week low of $21.01. …

Full story available on Benzinga.com

What would you do if you got hit with a $1,000 bill tomorrow? For a growing number of Americans, the answer is to take on debt, a decision that reveals a deep and widening crack in the foundation of household financial stability.

While it’s easy to assume that financial fragility is a problem for only the lowest earners, recent data paints a much broader and more troubling picture. 

According to a new survey from U.S. News, 43% of Americans don’t have enough savings to pay for a $1,000 surprise expense. That means nearly half the country is just one major car repair or unexpected medical bill away from a financial crisis, forced to turn to high-interest credit cards just to stay afloat. 

For people already carrying revolving balances, that next emergency does not just add stress, it adds interest, and the gap between what different lenders will charge for the same loan can be thousands of dollars over time. Platforms like AmONE match borrowers with multiple lenders in minutes and show personalized loan offers without affecting credit scores, so people can see their real options before they commit to anything.

This isn’t a new problem, but it’s one that’s being dangerously exacerbated by years of stubborn inflation and economic uncertainty. A 2026 survey from Bankrate found that 60% of Americans feel uncomfortable with their level of emergency savings, and 58% reported having the same or even less cash set aside than they did the previous year. 

For 17% of people, the answer was even more stark. They had no savings then, and they have no savings now. The U.S. News survey adds another layer to this, revealing that among those who do have an emergency fund, the median balance has been sliced in half, falling from $10,000 last year to just $5,000 today.

It’s a precarious way to …

Full story available on Benzinga.com

Morgan Stanley, in collaboration with AI-powered market intelligence and research platform AlphaSense, held a webinar on Wednesday to discuss the misconceptions surrounding AI versus software, as well as the path to growth for both sectors.

Keith Weiss, an equity analyst at Morgan Stanley, believes that the idea that AI is going to displace software is a “definitional error.”

Weiss emphasized that AI is not a separate category from software, but rather an extension of its capabilities. He added that, unlike previous categorical shifts in the software industry, such as the pivot from on-premise to cloud-based solutions, AI does not replace existing software systems. Instead, it enhances them by expanding their functionalities, he explained.

On the other hand, generative AI, specifically diffusion engines, is impacting certain areas of the software industry, he noted. 

Adobe stated in its Q1 report that its photography business is starting to see impacts from generative AI, as customers are moving away from purchasing pre-shot stock photography in favor of generating their own images using AI. This is one of the few instances where generative AI might act …

Full story available on Benzinga.com

Braze, Inc. (NASDAQ:BRZE) posted better-than-expected fourth-quarter revenue and announced a $100 million share buyback program on Tuesday.

Braze reported quarterly adjusted earnings of ten cents per share, which missed the consensus estimate of 14 cents, according to data from Benzinga Pro. Quarterly revenue came in at $205.17 million, beating the Street’s estimate of $198.21 million.

“We finished the fiscal year with an exceptional Q4, accelerating year-over-year organic revenue growth for the third straight quarter while continuing to drive strong operating leverage across our global business,” said Bill Magnuson, CEO of Braze.

Braze expects fiscal 2027 adjusted EPS of 61 cents to 65 cents, versus the 63 cents analyst estimate, and revenue in a range of $884 million to $889 million, versus the $857.25 million estimate.

Braze shares jumped 19.9% to close at $21.60 on Wednesday.

These analysts made changes to their price targets on Braze following earnings announcement.

• Piper Sandler analyst Billy Fitzsimmons maintained Braze …

Full story available on Benzinga.com

OpenAI is closing in on an $850 billion valuation as it finalizes a new $10 billion venture‑capital raise.

The funding, expected to wrap up next week, would lift the total amount raised by the company in the current round to about $120 billion, Bloomberg reported.

Andreeseen Horowitz, MGX, D.E. Shaw Ventures, TPG and T. Rowe Price are co-leading the financing for OpenAI’s latest funding round, CNBC reported, citing OpenAI’s Chief Finance Officer Sarah Friar. Microsoft Corp (NASDAQ:MSFT) is also participating in the deal, according to the outlet. Coatue Management, Thrive Capital and Altimeter Capital are also part of the funding round, according to Bloomberg.

OpenAI’s latest raise marks a dramatic escalation in …

Full story available on Benzinga.com

TELA Bio, Inc. (NASDAQ:TELA) reported mixed results for the fourth quarter on Tuesday.

The company posted quarterly losses of 17 cents per share which beat the analyst consensus estimate of losses of 18 cents per share. The company reported quarterly sales of $20.869 million which missed the analyst consensus estimate of $21.047 million.

TELA Bio said it sees first-quarter sales of $18.500 million versus market estimates of $21.277 million.

“We closed 2025 with our strongest quarterly revenue on record, delivering $20.9 million and 18% growth over Q4 2024 while holding operating expenses essentially flat for the year, demonstrating the operating leverage we expect to continue to see in the years ahead,” said Antony Koblish, Co-Founder and Chief Executive Officer of TELA Bio. “Over the last six months we strengthened our leadership and upgraded the …

Full story available on Benzinga.com

AAR Corp (NYSE:AIR) on Tuesday reported better-than-expected earnings for the third quarter and raised its FY2026 sales forecast.

AAR reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.15 per share. The company reported quarterly sales of $845.100 million which beat the analyst consensus estimate of $812.537 million.

“AAR delivered another outstanding quarter, continuing our momentum. Total sales were up 25%, including 14% organic adjusted sales growth,” stated John M. Holmes, AAR’s Chairman, President and CEO. “We saw growth across each of our parts, repair, and software platform activities in the quarter. Our Parts Supply segment grew 45% led by 36% organic growth in our new parts Distribution activity. …

Full story available on Benzinga.com

Concentrix Corporation (NASDAQ:CNXC) on Tuesday reported mixed first-quarter financial results and issued second-quarter adjusted EPS and sales guidance below estimates.

Concentrix reported quarterly adjusted earnings of $2.61 per share, which missed the Street estimate of $2.65. Quarterly revenue was $2.500 billion, up by 5.4% year-over-year (Y/Y), above the analyst consensus estimate of $2.492 billion.

Concentrix expects second-quarter revenue of $2.460 billion to $2.485 billion (versus $2.490 billion consensus estimate) and adjusted EPS of $2.57 to $2.69 (versus $2.76 consensus estimate).

The company reiterated fiscal 2026 revenue of $10.035 billion to $10.180 billion (versus a consensus estimate of $10.132 billion) and adjusted EPS of $11.48 to $12.07 …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• Citigroup cut Braze, Inc. (NASDAQ:BRZE) price target from $53 to $46. Citigroup analyst Tyler Radke maintained a Buy rating. Braze shares closed at $21.60 on Wednesday. See how other analysts view this stock.
• Tigress Financial raised the price target for Amazon.com, Inc. (NASDAQ:AMZN) from $305 to $315. Tigress Financial analyst Ivan Feinseth maintained a Buy rating. Amazon shares closed at $211.71 on Wednesday. See how other analysts view this stock.
• Piper Sandler cut TELA Bio, Inc. (NASDAQ:TELA) price target from $1.25 to $1. Piper Sandler analyst Matt O’Brien maintained a Neutral rating. TELA Bio shares closed at $0.6901 on Wednesday. See how other analysts view this stock.
• Morgan Stanley increased price target for Smithfield Foods, Inc.

Full story available on Benzinga.com

Fidelity Investments has reached a proposed $2.5 million settlement in a class-action lawsuit concerning an alleged data breach. 

The settlement proposal received preliminary approval on Monday in the Massachusetts federal court.

The lawsuit claims that more than 155,000 account holders had their personal and financial information compromised during a cybersecurity incident in 2024. 

The breach reportedly allowed unauthorized access to Fidelity’s systems, exposing sensitive customer data, including names, social security numbers, financial account information, and driver’s license information.

According to the complaint, the breach occurred between August 17 and August 19, 2024, but affected customers were not notified until October 10, 2024. This delay …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Citizens analyst Mikhail Goberman initiated coverage on Rocket Companies, Inc. (NYSE:RKT) with a Market Perform rating. Rocket Companies shares closed at $14.17 on Tuesday. See how other analysts view this stock.
• HSBC analyst Wesley Brooks initiated coverage on Vertiv Holdings Co (NYSE:VRT) with a Buy rating and announced a price target of $325. Vertiv shares closed at $270.89 on Tuesday. See …

Full story available on Benzinga.com

Multi-national food corporation Cargill has opened a new production plant in the Netherlands, as the company continues to expand.

The new plant will offer dependable access to FR3 fluid as the company looks to “strengthen supply availability, simplify logistics, and improve responsiveness amid a growing demand from electrical infrastructure expansion, data centers, renewable energy, and battery storage,” the company noted in a press release.

A new production facility for FR3 fluid in Europe allows Cargill “to better serve regional customers, reduce complexity in logistics, and respond faster to market needs,” according to Colleen May, President of Cargill Bioindustrial.

Last month, Cargill announced it would deepen its commitments in India by opening a new dairy feed plant in Wazirabad. The company has also invested in expanding its plant in Beijing.

Cargill plans to continue …

Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Wolfe Research analyst Emmanuel Rosner upgraded General Motors Co (NYSE:GM) from Peer Perform to Outperform and announced a $96 price target. General Motors shares closed at $76.57 on Tuesday. See how other analysts view this stock.
• Johnson Rice analyst Charles Meade upgraded Murphy Oil Corporation (NYSE:MUR) from Hold to Accumulate and announced a $63 price target. Murphy Oil shares closed at …

Full story available on Benzinga.com

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

The Dow traded up 0.60% to 46,402.31 while the NASDAQ rose 0.63% to 21,899.66. The S&P 500 also rose, gaining, 0.49% to 6,588.77.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Materials shares climbed by 2% on Wednesday.

In trading on Wednesday, energy stocks fell by 0.2%.

Top Headline

Cintas Corp (NASDAQ:CTAS) posted better-than-expected third-quarter profit and raised its full-year forecast.

The company reported third-quarter earnings per share of $1.24, beating the analyst consensus estimate of $1.23. Quarterly sales of $2.84 billion, up 8.9% year over year, beat the Street view of $2.821 billion.

The company raised FY2026 sales outlook from $11.150 billion-$11.220 billion to $11.210 billion-$11.240 billion versus street view of $11.205 billion.

Equities Trading UP
           

• Sarepta Therapeutics Inc (NASDAQ:SRPT) shares shot up 30% to $22.90 after the company announced that early results from Phase 1/2 studies of SRP-1001 for facioscapulohumeral muscular dystrophy type 1 and SRP-1003 …

Full story available on Benzinga.com

As of March 25, 2026, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

KORE Group Holdings Inc (NYSE:KORE)

• On March 24, KORE Group announced a strategic alliance with Move & Connect, a French IoT connectivity solutions provider with deep expertise in managed …

Full story available on Benzinga.com

Energy sector volatility has rattled financial markets. After quarters of neglect, oil hit the headlines with war, supply shocks, and the return of triple-digit prices per barrel.

However, amid a global scramble to secure supply, the companies that actually produce and transport oil are doing the opposite. They’re locking in profits at volumes rarely seen.

The result is a widening disconnect between physical players and financial capital, where one side insulates itself from uncertainty while the other is whipsawed by it. By insulating itself from uncertainty, producers become the protected class, leaving speculative capital to navigate the turbulent market.

The Producer’s Shield

Short positions in Brent crude by producers, merchants, and commercial users have climbed to a record $193 billion. According to the Kobeissi letter, that number is roughly double since the start of the year.

By selling futures at current levels, often above $100 per barrel, producers are effectively guaranteeing revenues regardless of where prices go next. It is, in effect, a winner’s hedge—locking in peak profitability even if the geopolitical risk premium fades overnight.

At …

Full story available on Benzinga.com

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Via Transportation Inc (NYSE:VIA)

• On Feb. 27, Via Transportation posted upbeat quarterly sales. “We are delighted with our outstanding results in Q4 and in 2025 as a whole. We have surpassed our fourth quarter and annual guidance across all key metrics and, in our early days as a public company, continued to demonstrate our ability to execute at the highest levels and sustain revenue growth at 30% year-over-year,” said Daniel Ramot, Via’s Co-founder and Chief Executive Officer. The company’s stock fell around 24% over the past month and has a 52-week low of $13.11.
• RSI Value: 29.7
• VIA …

Full story available on Benzinga.com

Prominent Scottish historian Niall Ferguson thinks the U.S. may be heading for a recession, and he’s pointing to a 50-year-old playbook to explain why.

In a Free Press essay, Ferguson argued that Operation Epic Fury is following the same pattern as Nixon’s 1973 airlift to Israel during the Yom Kippur War: President makes a bold pro-Israel military move, oil supply gets disrupted in retaliation and then economic damage arrives faster than the diplomacy.

In 1973, it took four months to lift the Arab oil embargo. By then, the US was already in recession.

Recession Odds Are Climbing Fast

Polymarket’s “US recession by end of 2026” contract sits at 35%, up more than 10% since before the conflict began.

Moody’s Analytics chief economist Mark Zandi said that oil prices would only need to average …

Full story available on Benzinga.com

Jefferies Financial Group Inc. (NYSE:JEF) will release earnings for its first quarter after the closing bell on Wednesday, March 25.

Analysts expect the New York-based company to report quarterly earnings of 91 cents per share, up from 57 cents per share in the year-ago period. The consensus estimate for Jefferies Financial’s quarterly revenue is $1.98 billion (it reported $1.59 billion last year), according to Benzinga Pro.

Jefferies Financial shares gained on Tuesday after reports suggesting that Japan’s Sumitomo Mitsui Financial Group is considering making a takeover bid for the company. According to Bloomberg, SMFG has no immediate plans to take over Jefferies.

Jefferies Financial shares fell 1.7% to trade at $39.88 on Wednesday.

Benzinga readers can access the latest analyst ratings on the …

Full story available on Benzinga.com

The traditional American household is shifting as more families choose to live under one roof to combat rising costs. 

Multigenerational home purchase hit an all-time high last year, accounting for 17% of all home sales, according to a recent report from the National Association of Realtors.

The Financial Motivation

The primary driver behind the trend is simple: saving money. 

In 2024, 36% of buyers cited cost savings as their main reason for a multigenerational purchase. This is more than double the 15% who cited savings in 2015. 

Key factors contributing to the economic shift include: 

• Boomerang kids: 21% of buyers moved in together because adult children moved back home. 
• Never left: 20% of buyers said their adult children or relatives never left the home to begin with. 
• Income pooling: Households with three or more income earners are becoming more common among buyers 45 and older. 

For many of these families, the home itself becomes the financial foundation. Those who already own property are increasingly looking at what they have built in equity as a way to fund the additions, renovations or separate living spaces that make multigenerational living actually workable. 

A home equity loan through Rocket Mortgage lets …

Full story available on Benzinga.com

DraftKings Inc (NASDAQ:DKNG) shares are trading lower Wednesday. The decline follows a broader trend of investor concern.

Markets are weighing competitive threats from prediction platforms and long-term profitability hurdles.

Competition From Prediction Markets

Platforms like Kalshi and Polymarket are diverting significant volume from traditional sportsbooks. Combined volume on these exchanges topped $17 billion in January.

Intercontinental Exchange Inc (NYSE:ICE) recently backed Polymarket with a $2 billion investment.

Regulatory Heat Intensifies

U.S. Rep. Alexandria Ocasio-Cortez and Martin Shkreli recently aligned on social media. Both argued Kalshi’s new insider-trading guardrails are insufficient. Ocasio-Cortez called the policy “just a fig leaf.”

This rare agreement spotlights the political exposure …

Full story available on Benzinga.com

Shares of memory and storage-related companies, including Micron Technology Inc (NASDAQ:MU) and SanDisk Corp (NASDAQ:SNDK), are trading lower on Wednesday.

The move follows a technical announcement from Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Research regarding AI efficiency.

Google Unveils TurboQuant Algorithm

On Tuesday, Google researchers introduced “TurboQuant.” This set of advanced quantization algorithms enables massive compression for large language models (LLMs).

According to the Google blog, the technology “optimally addresses the challenge of memory …

Full story available on Benzinga.com

Sen. Adam Schiff (D-CA) and Sen. John Curtis (R-UT) appeared on CNBC to push their Prediction Markets Are Gambling Act, introduced March 23, and they came armed with sound bites.

“If it acts like gambling, if it looks like gambling; it is gambling,” Curtis said. “That’s been very clear where that belongs.”

The bill would bar any CFTC-registered platform from listing contracts tied to sporting events or athletic competitions.

That puts Kalshi and Polymarket squarely in the crosshairs, but the collateral damage may be wider than the two prediction markets.

The DraftKings Whiplash

DraftKings Inc. (NASDAQ:DKNG) gapped up nearly 4% Monday when the bill dropped.

Investors saw it as Congress killing a competitor.

Today the stock reversed hard, falling more than 6% to around $22, as traders realized DraftKings Predictions, the company’s own CFTC-regulated event contracts product, would also be banned under the legislation. …

Full story available on Benzinga.com

U.S. stocks were higher, with the Dow Jones gaining around 350 points on Wednesday.

Shares of AAR Corp (NYSE:AIR) rose sharply during Wednesday’s session as the company reported better-than-expected earnings for the third quarter and raised its FY2026 sales forecast.

AAR reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.15 per share. The company reported quarterly sales of $845.100 million which beat the analyst consensus estimate of $812.537 million.

AAR shares jumped 10.5% to $119.10 on Wednesday.

Here are some other big stocks recording gains in today’s session.

• Braze Inc (NASDAQ:BRZE) shares jumped 21.2% to $21.84 after the company reported better-than-expected fourth-quarter sales results and issued FY27 sales guidance above estimates. Also, the company announced a $100 million share buyback.
• Corcept Therapeutics Inc (NASDAQ:CORT) gained 21.3% to $41.02 after the FDA approved relacorilant in …

Full story available on Benzinga.com

Citadel Securities saw a record breaking $12.2 billion in trading revenue in 2025, a 25% increase from the previous year’s $9.7 billion.

Ken Griffin’s firm generated $6.5 billion in EBITDA and ended the year at $21 billion in trading capital in 2025, sources told Bloomberg.

Founded in 2002, Citadel Securities seeks to bring technology-driven, high-volume market-making to financial markets. The firm relies heavily on quantitative research, machine learning and advanced engineering to power its trading systems.

The firm, which operates independently from the Citadel hedge fund, serves over 1,600 institutional clients, including …

Full story available on Benzinga.com

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 300 points on Wednesday.

The Dow traded up 0.79% to 46,489.92 while the NASDAQ rose 0.95% to 21,967.56. The S&P 500 also rose, gaining, 0.72% to 6,603.85.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Materials shares climbed by 1.9% on Wednesday.

In trading on Wednesday, energy stocks fell by 0.2%.

Top Headline

Chewy Inc (NYSE:CHWY) shares jumped around 14% on Wednesday after the online pet‑care retailer delivered a stronger‑than‑expected fourth quarter and rolled out a solid fiscal guidance for 2026.

Chewy posted fourth-quarter 2025 adjusted earnings of 27 cents per share, beating the consensus of 20 cents and within the management guidance of 24 cents to 27 cents.

The retailer of pet supplies reported sales of $3.265 billion, up 0.5% year over year (+8.1% on a normalized 13-week basis), compared to the consensus of $3.262 billion and the management guidance of $3.24 billion-$3.26 billion.

Equities Trading UP
           

• Sarepta Therapeutics Inc (NASDAQ:SRPT) shares shot up 29% to $22.63 after the …

Full story available on Benzinga.com

WASHINGTON, March 25, 2026 /PRNewswire/ — Average expense ratios for both actively managed and index mutual funds have decreased over the past 29 years, contributing to the overall decline in mutual fund expense ratios, a new report released today by the Investment Company Institute (ICI) shows. Similarly, average ETF expense ratios have seen a marked decline since 2017. The report, Trends in the Expenses and Fees of Funds, 2025, finds that from 1996 to 2025, average expense ratios fell 62% for equity mutual funds and 57% for bond mutual funds. Over the past nine years, expense ratios for index equity and bond ETFs have declined by 33% and 50%, respectively.

Full story available on Benzinga.com

Estée Lauder Companies Inc. (NYSE:EL) has officially confirmed it is in discussions for a potential merger with Spanish beauty giant Puig Brands, S.A. (OTC:PUIGF).

While no final decision or agreement has been reached, the news has sent ripples through the retail sector.

BofA Securities has reiterated its Buy rating on EL with a price forecast of $130.

Creation of a Beauty Behemoth

According to a Tuesday analyst note from BofA Global Research, a successful combination would create the world’s second-largest listed beauty company.

Proforma 2026 revenues are estimated at $21.6 billion with an EBIT of $2.8 billion. This move would pivot Estée Lauder’s narrative from its “Beauty Reimagined” turnaround plan to a story of transformational …

Full story available on Benzinga.com

President Donald Trump appointed 13 tech executives to a presidential council that will advise the White House on AI policy, export controls, and science strategy.

Who’s On The Council

The heavyweights include Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg, Oracle Corp. (NYSE:ORCL) Executive Chairman Larry Ellison, Advanced Micro Devices Inc. (NASDAQ:AMD) CEO Lisa Su, and Alphabet Inc. (NASDAQ:GOOGL) co-founder Sergey Brin.

Dell Technologies Inc. (NYSE:DELL) CEO Michael Dell and venture capitalist Marc Andreessen round out the headline names. David Sacks, Trump’s AI and crypto czar, will co-chair alongside White …

Full story available on Benzinga.com

Eightco Holdings Inc (NASDAQ:ORBS) shares are trading higher on Wednesday. The stock is gaining momentum alongside a broader market uptick. The Nasdaq has gained 0.71% while the S&P 500 is up 0.51%.

• Eightco Holdings stock is showing exceptional strength. Why are ORBS shares rallying?

Deepening Ties With OpenAI

The rally follows Friday’s news that Eightco invested an additional $40 million into OpenAI. This brings the company’s total commitment to $90 million. OpenAI now represents approximately 30% of the ORBS total treasury position.

“Access to high-growth private companies has historically been limited to institutional investors,” said Kevin O’Donnell, CEO of Eightco. He noted the company offers retail investors meaningful exposure to the AI …

Full story available on Benzinga.com

A consortium comprising Blackstone (NYSE:BX), Bolt Ventures, Aditya Birla Group, and The Times of India Group agreed to acquire the Royal Challengers Bengaluru (RCB) cricket franchise. 

This acquisition, valued at approximately $1.78 billion, includes both the men’s Indian Premier League and the women’s Premier League teams, Blackstone reports.

The acquisition is pending customary approvals, including those from the Cricket Board of Control for Cricket in India and the Competition Commission of India. The acquisition marks a significant shift in ownership from United Spirits Limited, a subsidiary of Diageo plc, to the new consortium.

Under the new leadership, Aryaman Vikram Birla will assume the role of chairman, while Satyan Gajwani from The Times of India Group will serve as vice chairman. 

The new owners aim to build upon the franchise’s legacy …

Full story available on Benzinga.com

Prediction market bettors now price a 70% chance that SpaceX completes its IPO by June, and the company appears to be getting its house in order, quietly hiking launch prices ahead of an IPO that could shatter every record in history.

The company is reportedly targeting a June listing at a valuation that could reach $1.75 trillion, with Goldman Sachs, JPMorgan, Morgan Stanley, and Bank of America in senior roles.

Fattening Margins With No Competition In Sight

Ahead of the S-1, SpaceX has been fattening its margins.

Between mid-January and early February, the company raised its Falcon 9 launch price from $69.75 million to $74 million.

Its only real domestic competitor: United Launch Alliance, the Boeing Co (NYSE:BA) and Lockheed Martin Corp (NYSE:LMT) joint venture, has been grounded after its Vulcan Centaur rocket shed parts midflight.

This effectively …

Full story available on Benzinga.com

Saab announced a strategic partnership with the Canadian AI firm Cohere through a Memorandum of Understanding (MOU) to advance artificial intelligence technologies. This collaboration is poised to enhance Saab’s GlobalEye program in Canada, while also benefiting international operators of the system.

Saab reports that the MOU will foster joint efforts in developing AI technologies that support complex aerospace environments. The partnership will focus on areas such as data-driven mission support, maintenance tools, and information processing.

Initial pilot projects are already in place to evaluate potential cooperation pathways that align with the program’s current needs. This initiative not only aims to strengthen Saab’s global product offerings but also to boost its competitive edge on the international stage.

According to Saab, the collaboration underscores the potential of combining aerospace expertise with cutting-edge AI research. 

Micael Johansson, Saabs President …

Full story available on Benzinga.com

Moody’s Analytics chief economist Mark Zandi said that oil prices would only need to average close to $125 per barrel in Q2 to tip the U.S. economy into recession.

WTI is trading around $89, but with the Strait of Hormuz still closed, that number could be reached quickly.

What Happened

Recession probabilities are high and rising, Zandi said on X, but the firm’s baseline still doesn’t call for an outright downturn unless the price of oil increases.

Zandi called the $125 scenario “not a stretch” given the state of the Middle East.

Between the firm’s February forecast, done before the Iran conflict, and its March outlook at the start of hostilities, Moody’s raised its 2026 oil price forecast by nearly $15 per barrel.

That alone shaved close to …

Full story available on Benzinga.com

bioAffinity Technologies Inc (NASDAQ:BIAF) shares are trading higher on Wednesday. The move follows an announcement regarding a new clinical education initiative.

Physician Roundtable Series Announced

The company plans to host a live virtual physician roundtable on April 8. This event kicks off the “CyPath Lung in Practice” webinar series.

A panel of pulmonologists will discuss integrating the noninvasive CyPath Lung test into clinical practice. They will share real-world patient cases.

The focus remains on diagnosing indeterminate pulmonary nodules with greater certainty.

Enhancing Clinical Decision-Making

Participating physicians will demonstrate how the test guides clinical paths. Cases include identifying Stage 1A lung cancer.

The test also helps prevent “unnecessary invasive, risky and costly procedures,” according to …

Full story available on Benzinga.com

Tesla Inc. (NASDAQ:TSLA) shares are gaining momentum Wednesday. The uptick follows fresh data showing a demand recovery in Europe, providing a reprieve from a long period of declining regional sales.

The Nasdaq is up 0.68% while the S&P 500 has gained 0.61%.

European Registration Growth

After 13 months of declines, Tesla reported a 29.1% year-over-year increase in European registrations for February, according to data from InsideEVs. This includes the European Union, the U.K. and The European Free Trade Association countries.

Total registrations for January and February combined reached 20,941 units, marking a 16.7% increase over the previous year.

Competition and Market Share

Despite the rebound, Tesla faces stiff competition from BYD Co Ltd (OTC:

Full story available on Benzinga.com

Palantir Technologies Inc. (NASDAQ:PLTR) shares are gaining ground on Wednesday morning. Investors are reacting to reports linking the company to a massive defense initiative.

Golden Dome Defense Collaboration

Palantir and Palmer Luckey’s Anduril are reportedly teaming up. They aim to provide software for President Donald Trump’s “Golden Dome” missile shield.

This space-based network targets ballistic, cruise, and hypersonic threats. The project’s estimated cost has reached $185 billion.

Tech Firms Join Prime Contractors

The initiative attracts a crowded field of tech and defense players. According to a Tuesday report from Reuters, citing a source familiar with the matter, the companies have been interested in the program since its early …

Full story available on Benzinga.com

A bipartisan bill in Congress could give retirees more flexibility in how they donate from their retirement accounts. Tax experts also say timing matters, according to a report by CNBC.

How QCDs Work Today

Under current law, Americans aged 70½ or older can make a qualified charitable distribution, or QCD, a direct transfer from an IRA to an eligible nonprofit. The amount is excluded from taxable income and counts toward required minimum distributions (RMDs), which start at age 73. The 2026 annual limit is $111,000 per individual.

Bill Would Expand Giving Options

The Senate bill, introduced March 3 as a companion to a House measure, would allow QCDs to flow into donor-advised funds (DAFs), which are charitable accounts managed by nonprofits where donors get an up-front tax deduction and can recommend grants over time.

Why QCDs Offer Strong Tax Advantages

Tax attorney Richard Fox said a QCD is “almost always the …

Full story available on Benzinga.com

Here are the latest developments in the U.S.–Israel–Iran war at 9.15 AM ET on Wednesday, as the conflict enters its twenty-sixth day.

Israel and Iran continued to trade airstrikes, while Tehran’s military dismissed President Donald Trump‘s assertion that the United States was engaged in talks to end the war, accusing Washington of essentially “negotiating with itself.”

Iran Says US-Israeli Attack Targeted Rescue Teams

A U.S.-Israeli attack targeted rescue workers while they were removing rubble at a bombing site in Tehran, Tasnim news agency reported. The site of the rescue operation was hit by three projectiles.

Iran Seizes Seven Starlink Devices

Iran’s Intelligence Ministry said authorities have arrested 39 people and seized weapons and ammunition, along with at least seven Starlink devices in Tehran.

This comes as a nationwide internet blackout imposed by the Iranian authorities has entered its 26th day, according to NetBlocks.

Thai Oil Tanker Transits Strait Of Hormuz

A Thai oil tanker safely passed through the Strait of Hormuz after diplomatic coordination between Thailand and Iran, Bangchak Corporation confirmed.

Israel Says It Dropped More Than 15,000 Bombs On Iran

Israel’s Defence Minister, Israel Katz, said that the Israeli army has “crossed the 15,000-munitions threshold” in Iran since the war started on February 28. In a briefing, Katz said that Tel Aviv has approved a new series of targets for strikes in Iran and Lebanon.

Iran Rejects Trump’s Claims Amid Reports Of 15-Point Plan

The unified command of the Iranian Armed Forces, which is dominated by the hardline elite Revolutionary Guards (IRGC), rejected Trump’s claims amid reports that the U.S. has sent a 15-point ‌plan for discussion to …

Full story available on Benzinga.com

Popular investment guru Dave Ramsey hosted a caller on his YouTube channel who had just inherited $1.5 million, and his takeaway advice was, “Quit your whining.”

Steven called into ‘The Ramsey Show’ from Oklahoma City, and Ramsey delivered some hard-hitting advice after gathering the details. Steven’s financial problems revolved around a $1.5 million inheritance he had gained from his father’s passing. The money was made up of $750,000 in cash and stocks, with another $750,000 in business equity.

For most people in that position, the challenge is turning a windfall into a long-term plan built around taxes, investing and risk. SmartAsset’s free matching tool connects new inheritors with up to three financial advisors in their area after a short questionnaire, so they can compare approaches before they make irreversible moves with the money.

Steven’s end of the call was delivered with lacklustre energy after saying that he had gone, “from disaster to disaster,” since the money landed. However, it became clear that his underlying problem was the business interest. Steven had previously worked alongside his father, but had given up control of the business to his uncle for a family move. That’s when the problems started, as he soon watched his share of the profits dwindle yearly.

Steven said his uncle was “like a second dad” …

Full story available on Benzinga.com

Alibaba Group Holding Ltd (NYSE:BABA) shares jumped Wednesday following reports that China’s intense food-delivery price wars are concluding. State media has signaled a regulatory shift toward industry stability.

Regulatory Endorsement Ends Vicious Cycle

State media Economic Daily published an opinion piece Wednesday calling for an end to price competition. The State Administration for Market Regulation later reposted the article. This move suggests official regulator endorsement.

The report stated, according to Reuters, “The entire industry has fallen into a vicious cycle of losing money in an attempt to grab market share, ultimately dragging down the broader trend of consumption recovery.”

The news sparked a broad rally among Chinese tech …

Full story available on Benzinga.com

In the news release, Wellesley Asset Management Launches the Miller Convertible Total Return ETF (MCVT), issued 25-Mar-2026 by Wellesley Asset Management over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Wellesley Asset Management Launches the Miller Convertible Total Return ETF (MCVT)

A new actively managed ETF designed to maximize total return through convertible securities

PORTSMOUTH, N.H., March 25, 2026 /PRNewswire/ — Wellesley Asset Management, Inc., a leading investment advisory firm specializing in convertible securities, today announced the launch of the Miller Convertible Total Return ETF (MCVT), an actively managed exchange‑traded fund seeking to deliver total return through a disciplined, convertible‑focused strategy.

A Strategy Built for Today’s Markets

The Miller Convertible Total Return ETF aims to maximize total return, current income plus capital appreciation while emphasizing capital preservation, a hallmark of Wellesley’s long‑standing investment philosophy.

Convertible securities, which blend characteristics of both stocks and bonds, offer a distinct risk‑reward profile. They may provide:

• Capital Preservation relative to equities
• Upside participation in rising markets
• Lower volatility than traditional stock portfolios

These features make convertibles a compelling option for investors seeking resilient performance across market cycles.  https://www.milleretf.com/

“Wellesley has spent decades refining a disciplined approach to convertible investing,” said Michael Miller, CEO of Wellesley Asset Management. “The launch of MCVT brings our expertise to the ETF marketplace, offering investors a liquid, …

Full story available on Benzinga.com

A new actively managed ETF designed to maximize total return through convertible securities

PORTSMOUTH, N.H., March 25, 2026 /PRNewswire/ — Wellesley Asset Management, Inc., a leading investment advisory firm specializing in convertible securities, today announced the launch of the Miller Convertible Total Return ETF (MCVT), an actively managed exchange‑traded fund seeking to deliver total return through a disciplined, convertible‑focused strategy.

A Strategy Built for Today’s Markets

The Miller Convertible Total Return ETF aims to maximize total return, current income plus capital appreciation while emphasizing capital preservation, a hallmark of Wellesley’s long‑standing investment philosophy.

Convertible securities, which blend characteristics of both stocks and bonds, offer a distinct risk‑reward profile. They may provide:

• Capital Preservation relative to equities
• Upside participation in rising markets
• Lower volatility than traditional stock portfolios

These features make convertibles a compelling option for investors seeking resilient performance across market cycles. (ETF website link here)

“Wellesley has spent decades refining a disciplined approach to convertible investing,” said Michael Miller, CEO of Wellesley Asset Management. “The launch of MCVT brings our expertise to the ETF marketplace, offering investors a liquid, transparent, and cost‑efficient way to access the convertible asset class.”

Portfolio Manager, Jim Buckham added, “The Miller Convertible Total Return ETF is a complementary strategy to our existing suite of mutual funds, providing our clients with another avenue to invest in …

Full story available on Benzinga.com

Enlivex Ltd. (NASDAQ:ENLV), a quality longevity company powered by a prediction markets treasury, reported net income of $1.23 billion and diluted EPS of $25.48 for fiscal year 2025, with total treasury and treasury-related derivative assets of $2.31 billion. The company said much of the profit during the year was driven by appreciation in treasury and treasury-related derivative assets, underscoring the success of its dual business model. Enlivex ended the year with total shareholders’ equity of about $1.93 billion and cash, cash equivalents and short-term investments in digital assets of $30 million.

Enlivex Dual Engine Strategy

Unlike some other biotech companies, Enlivex has adopted a …

Full story available on Benzinga.com

Gold’s violent reversal this month shows how a quick sentiment flip can erase value. Just last week, the yellow metal experienced one of the worst performances in decades, dropping 10.5%.

Prices peaked just shy of $5,600 an ounce in late January, capping a powerful rally driven by geopolitical tension, central bank demand, and retail momentum. But after a volatile February, the Middle East war upended the rally. The rout continued this Monday, touching $4,100 an ounce before rebounding.

“Gold is right now trading like a risk asset, as it has during most broad risk-off moments over the past two decades,” Citigroup said in a note, adding that the pro-cyclical behavior appeared “particularly extreme” given the surge in retail participation and momentum buying over the past six months.

Flipping to Rate Hikes

Inflation fears have returned amid the escalating Middle East conflict. These expectations have quenched the expectations of a rate cut. According to the FedWatch, rate cuts are not even on the table. Instead, the market sees …

Full story available on Benzinga.com

Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose in Wednesday’s premarket session.

The stock is attempting a recovery following a volatile week. Prices hit a 52-week low last Friday, plunging over 33%.

Smuggling Allegations Shake Board

The company faces intense scrutiny after co-founder Yih-Shyan “Wally” Liaw resigned from the board. Federal prosecutors accused Liaw of smuggling NVIDIA Corp (NASDAQ:NVDA) AI servers to China.

The indictment alleges the group used shell entities and “dummy” equipment to bypass U.S. export controls.

Super Micro stated it placed certain employees on leave and appointed DeAnna Luna as acting chief compliance officer.

Super Micro’s future remains tied to its access …

Full story available on Benzinga.com

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon harshly criticized U.S. military bureaucracy at the 2026 Hill and Valley Forum in Washington, highlighting systemic bottlenecks for defense contractors while expressing surprising hope for long-term Middle East stability.

‘Deeply Frustrated’ By Defense Bureaucracy

Following a visit to the Pentagon, Dimon warned that the United States currently lacks the wartime industrial capacity necessary to rapidly scale up arms production.

For investors watching defense equities, his comments underscored the friction currently holding back major contractors like Lockheed Martin Corp. (NYSE:LMT), RTX Corp. (NYSE:RTX), and General Dynamics Corp. (NYSE:GD).

Dimon targeted the government’s procurement rules, multi-year budget rigidities, and heavy compliance burdens as massive hurdles. “I am deeply frustrated… about our own policies in America, …

Full story available on Benzinga.com

Key Takeaways:

• China is aggressively pressing companies to unwind opaque offshore variable interest entity structures to stem capital flight and enforce domestic taxation
• U.S. lawmakers are targeting boutique investment banks over their underwriting practices in a bid to rein in pump-and-dump schemes by Chinese firms

image credit: Bamboo Works

A pair of separate regulatory moves from opposite sides of the Pacific — one driven by Beijing’s financial watchdog and the other by U.S. lawmakers — are converging to further pressure the already fading market for U.S. IPOs by Chinese companies.

We believe these coordinated pressures are effectively hammering the latest nail into the coffin for a once-lucrative pipeline, fundamentally reshaping how these enterprises access foreign capital.

We’ll start with the view from China, where the China Securities Regulatory Commission is increasingly pressuring Chinese companies listed in the U.S. and Hong Kong to unwind their offshore corporate registrations. For decades, founders circumvented Chinese government prohibitions on foreign ownership in the telecom and internet sectors by using the variable interest entity (VIE) structure, routinely registering their businesses in offshore havens like the Cayman Islands or the British Virgin Islands (BVI).

This offshore setup functioned as an elegant workaround that allowed foreign investors to buy stock without ever holding a direct interest in the underlying Chinese operations. However, these structures offered a suite of other benefits that founders eagerly embraced. They provided significant tax advantages, created a veneer …

Full story available on Benzinga.com

U.S. stock futures were higher this morning, with the Dow futures gaining around 1% on Wednesday.

Shares of Absci Corp (NASDAQ:ABSI) fell sharply in pre-market trading after the company reported worse-than-expected quarterly sales results.

Absci reported quarterly losses of 20 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $650.000 thousand which missed the analyst consensus estimate of $1.100 million.

Absci shares dipped 11% to $2.68 in pre-market trading.

Here are …

Full story available on Benzinga.com

The Strait of Hormuz disruption is adding cost pressure to medical supply chains through an indirect but significant channel: the petrochemical derivatives used to make pharmaceutical packaging and drug ingredients, according to analysts tracking the disruption.

The United States and Israel launched coordinated strikes across Iran on Feb. 28, triggering a war that has now stretched into its 25th day with no clear path to de-escalation. Iran has signaled it is prepared to shut down the Strait of Hormuz indefinitely, while the UK Maritime Trade Operations agency has raised the threat level in the Gulf to critical. Oil markets are already reacting: Brent crude has surged past $100 a barrel and Goldman Sachs warns elevated prices could persist through 2027.

The Petrochemical Link

Strikes on Gulf refineries have set off a chain reaction in pharmaceutical supply chains, according to David Weeks, supply chain lead at Moody’s.

“These facilities produce key derivatives such as naphtha and methanol, which are important inputs for industries including pharmaceuticals,” Weeks told Benzinga.

Naphtha is commonly used in pharmaceutical packaging, while methanol is used in solvents for active pharmaceutical ingredient synthesis.

An estimated 18% of global methanol capacity has been affected by the Hormuz disruption, with US prices up 18% since the conflict began on Feb. 28, according to S&P Global Energy CERA data. The profit made from turning naphtha into industrial raw materials is at its highest point since early 2023, according to commodity trading house Alkagesta.

What Is …

Full story available on Benzinga.com

On CNBC’s “Halftime Report Final Trades,” Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, named Costco Wholesale Corporation (NASDAQ:COST) as his final trade.

Supporting his view, Costco, on March 5, reported second-quarter revenue of $69.60 billion, beating analyst estimates of $69.29 billion, according to Benzinga Pro. The membership-based retailer reported earnings of $4.58 per share, beating estimates of $4.57 per share.

Shannon Saccocia, chief investment officer of NB Private Wealth, picked iShares US Consumer Discretionary ETF (NYSE:IYC).

On the earnings front, Oracle, on March 10, reported better-than-expected third-quarter financial results and issued FY2027 sales guidance above estimates. Oracle posted third-quarter revenue …

Full story available on Benzinga.com

Commercial Metals Company (NYSE:CMC) will release earnings for its second quarter before the opening bell on Thursday, March 26.

Analysts expect the company to report quarterly earnings of $1.32 per share. That’s up from 26 cents per share in the year-ago period. The consensus estimate for Commercial Metals’ quarterly revenue is $2.09 billion (it reported $1.75 billion last year), according to Benzinga Pro.

On Jan. 8, Commercial Metals delivered a sharp first-quarter earnings beat on stronger steel margins and construction demand.

Some Commercial Metals investors are eyeing potential gains from the company’s dividends. As of now, Commercial Metals has an annual dividend yield of 1.13%, with a quarterly dividend of 18 cents per share (72 cents per year).  

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To …

Full story available on Benzinga.com

Arm Holdings Plc (NASDAQ:ARM), a crucial chip architecture partner for tech giants Nvidia Corp. (NASDAQ:NVDA) and Apple Inc. (NASDAQ:AAPL), is experiencing a sharp acceleration in market enthusiasm following its strategic pivot toward manufacturing its own artificial intelligence (AI) chips.

Massive Surge In Technical Strength

The semiconductor designer recently saw its Benzinga Edge’s Stock Rankings momentum score more than double week-over-week, leaping from 19.64 to 52.09.

This score evaluates a company’s relative strength based on its price movement patterns and volatility over multiple timeframes, ranking it as a percentile against other stocks.

The aggressive expansion has successfully flipped Arm’s near-term technicals. According to the Benzinga Edge price trend metrics, the stock is now in an upward trend in the short term, which covers the last couple of months. It is also showing an upward …

Full story available on Benzinga.com

Velo3D Inc (NASDAQ:VELO) shares are retreating Wednesday morning. This move follows the company’s fourth-quarter and full-year 2025 financial results released Tuesday.

Velo3D reported fourth-quarter revenue of $9.44 million. This surpassed estimates of $8.68 million. The company posted an adjusted loss of 54 cents per share. This was slightly better than the 56-cent loss analysts expected.

3D printer and parts revenue decreased 5% year-over-year. Management cited product mix and system sales volume for the dip. System sales remain the primary 2026 revenue driver.

Growth Plans

The company’s backlog reached $31 million by year-end. CEO Arun Jeldi noted a “record for bookings” in the quarter.

Jeldi …

Full story available on Benzinga.com

Senator Rand Paul (R-KY.) is sounding the alarm on America’s looming fiscal catastrophe, declaring the federal government “insolvent” and urging the Donald Trump administration to “stop spending” as he pushes a new “Six Penny” plan to balance the budget in five years.

Treasury Liabilities Surpass Assets

Pointing to the Treasury Department‘s fiscal year 2025 financial statements, Paul highlighted a staggering disparity: $6.06 trillion in assets stacked against $47.78 trillion in liabilities.

To combat this runaway borrowing, the Kentucky Republican introduced a federal budget resolution to balance on-budget outlays and revenues by cutting six cents off every projected dollar spent over the next five fiscal years.

‘Quietly Admitted’ Insolvency

In a recent social media post, Paul stated, “The Treasury just quietly admitted the U.S. government is insolvent.” He stressed that rescuing the nation’s finances “would require the government to actually stop spending money it doesn’t have.”

This grim financial picture is echoed by the fact that the Treasury’s reported liabilities do not include the unfunded obligations of social insurance programs.

When accounting for projected Medicare and Social Security shortfalls, total federal obligations …

Full story available on Benzinga.com

Some Meta Platforms Inc. (NASDAQ:META) employees were directed to work remotely on Wednesday as the company prepares for layoffs.

Employees in the wearables and ads divisions received a short HR email on Tuesday night saying leadership would provide more details, according to a Business Insider report.

The news comes after it was reported that a fifth or more of Meta’s nearly 79,000 employees could be let go, which would amount to roughly 16,000 job cuts. If implemented, it would be the company’s largest workforce reduction since its 2022–2023 restructuring, when Meta eliminated more than 21,000 positions.

Executives Receive Stock Options

The remote work announcement comes as Meta granted equity to seven senior executives on March 20, according to Securities and Exchange Commission filings submitted on Tuesday.

Six executives — …

Full story available on Benzinga.com

Amidst today’s fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Microsoft (NASDAQ:MSFT) in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company’s performance in the industry.

Microsoft Background

Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

Full story available on Benzinga.com

In today’s rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Tesla (NASDAQ:TSLA) against its key competitors in the Automobiles industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Full story available on Benzinga.com

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating NVIDIA (NASDAQ:NVDA) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company’s performance within the industry.

NVIDIA Background

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Full story available on Benzinga.com

Investor Dan Ives, who is the managing director of Wedbush Securities, thinks that the Tesla Inc. (NASDAQ:TSLA) Terafab AI chip project could be hinting towards a possible SpaceX merger next year.

Terafab Would Pave The Way For SpaceX-Tesla Merger

In a new investor note released on Tuesday, Ives reaffirmed bullish sentiments for Elon Musk’s enterprises. He shared that the project would let Tesla ramp up its AI efforts, as current suppliers, including Micron Technology Inc. (NASDAQ:MU), Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) and Samsung Electronics Co. Ltd. (OTC:SSNGY), “are unable to meet future demand for TSLA’s AI strategy.”

Ives also said that while the cost of the Terafab project was projected to be around $25 billion, “the initial production target is expected to reach 100k wafer starts per month,” with potential to “scale to 1 million wafer starts per month,” as demand for AI compute …

Full story available on Benzinga.com

Merck & Co. Inc. (NYSE:MRK) is nearing an all-cash deal to acquire Terns Pharmaceuticals, Inc. (NASDAQ:TERN) for roughly $6 billion, aiming to strengthen its oncology pipeline ahead of Keytruda losing U.S. patent protection, the Financial Times reported on Wednesday.

The deal could close within days, according to the report.

The companies did not immediately respond to Benzinga‘s requests for comment.

Keytruda Patent Cliff Looms

Merck is preparing for the loss of exclusivity on Keytruda, its top-selling cancer drug. The therapy generates about $30 billion annually and accounts for nearly half of the company’s revenue. U.S. patent protection could begin expiring …

Full story available on Benzinga.com

Braze Inc. (NASDAQ:BRZE) climbed 23.36% to $22.23 in pre-market trading on Wednesday after the company released its fiscal fourth-quarter 2026 results.

The stock of the cloud-based customer engagement platform closed the regular session 4.76% lower at $18.02, according to Benzinga Pro data.

What Do The Q4 Results Say?

Braze reported the following results compared with the same quarter a year earlier:

Braze’s fourth-quarter revenue rose 27.9% year over year.

Customers with annual recurring revenue of $500,000 or more increased to 333 from 247 and quarterly bookings grew more than 50% from the same period a year earlier.

“The world’s largest and most sophisticated brands are choosing Braze as a foundational partner,” said CEO Bill Magnuson.

Full-Year FY2026 Results

Full-year revenue for …

Full story available on Benzinga.com

Shares of Blaize Holdings Inc (NASDAQ:BZAI) rose sharply in pre-market trading after the company reported better-than-expected quarterly financial results.

In the fourth quarter, Blaize Holdings posted a net loss of $3.2 million, down from a loss of $26.3 million in the preceding quarter. The company said its revenue for the quarter rose to more than twice the level reported in the third quarter. Fourth-quarter revenue also exceeded the upper end of company guidance.

Blaize Holdings shares jumped 41.3% to $1.57 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• JFB Construction Holdings (NASDAQ:JFB) gained 92.8% to $18.93 in pre-market trading after dipping 47% on Tuesday. JFB Construction recently announced that its XTEND unit has successfully demonstrated its proprietary systems’ performance in combat-relevant testing environments and confirmed they meet U.S. government operational requirements.
• iTonic Holdings Ltd (NASDAQ:ITOC) gained 69.4% to $0.48 in pre-market trading after the Beijing-based company announced a $20 million private placement offering.
• Nft Ltd (NYSE:MI) gained 41.6% to $0.40 in pre-market trading after dipping 16% on Tuesday.
• UTime Ltd (NASDAQ:WTO) rose 28.2% to $3.49 in pre-market trading after gaining 10% on Tuesday.
• Next Technology Holding Inc (NASDAQ:

Full story available on Benzinga.com

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has sparked speculation that a new model could be on the horizon for the EV giant following a cryptic social media post on Tuesday.

Way Cooler Than A Minivan

User Leah Libresco Sargeant took to the social media platform X, asking Musk to make a Tesla minivan after the billionaire said that the Cybertruck’s rear seat has three ISOFIX mounts, which would help it fit three child seats and enhance child occupant safety.

Musk, in response to the user, shared that something “way cooler than a minivan” was on its way for Tesla, possibly hinting at a new Tesla Model in the works.

Tesla’s New Model Leaked?

Interestingly, leaked images of a frame purportedly belonging to the new Tesla model have surfaced on social media, adding fuel to Musk’s claims. User Joe Tegtmeyer on Monday shared a new video of drone footage he took at Tesla’s Gigafactory in Texas. In the video, we can see what appears …

Full story available on Benzinga.com

Billionaire entrepreneur Mark Cuban is sounding the alarm on skyrocketing corporate healthcare costs, declaring them a primary driver of layoffs and throwing his full weight behind bipartisan legislation to dismantle healthcare conglomerates like UnitedHealth Group Inc. (NYSE:UNH), CVS Health Corp. (NYSE:CVS), and Cigna Group (NYSE:CI).

The ‘Insane’ Cost Of Care

In a recent social media post, the founder of Cost Plus Drugs, Cuban, argued that out-of-control medical expenses—not artificial intelligence (AI)—are forcing companies to slash jobs.

Cuban noted that employers are burdened with “$30k per family, per year for premiums and care,” calling the financial strain “insane.”

“Most of that goes to the massive, vertically integrated insurance companies that send weekly bills that no one reviews in details,” Cuban wrote.

He emphasized that healthcare is typically a company’s second-largest expense behind payroll, making it …